Bogleheads:Featured article

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This page supplies the featured article summary for the main page, which rotates on a daily basis. The featured article summaries which appear on the main page are:

The selected article for today appears below. View the source (or edit this page) to see the day in which a specific article summary will appear.


Mutual funds are registered investment companies that pool investors capital for the purpose of investing in securities. Mutual funds are managed by professional money managers. They are a primary funding vehicle for the corporate contributory retirement system in the United States. In 2014, a total of 7,923 U.S. mutual funds held over 16 trillion dollars of assets, owned by forty-three percent of American households and an estimated 90.4 million individuals

Mutual funds offer investors the advantage of diversification, professional management, liquidity, and convenience. These advantages are offset by such factors as costs, fund turnover, and the consequences of organizational structure. (more...)


Notes

  1. The featured article will change daily at 00:00:00 UTC.
  2. Bogleheads:Featured article/Risk and return: an introduction has been replaced by Bogleheads:Featured article/Risk tolerance.