Basic Types of Mutual Funds

Long Term Funds

• Stock /Equity - funds that invest in the variety of stocks
• Index - equity funds that attemt to mirror the performance of specific index, such as the S&P 500.
• Bond - funds that invest in the variety of bonds.
• Hybrid - funds that invest in a combination of stacks, bonds and other securities

Short Term Funds

• Money Market - funds that invest in securities that generally mature in one year or less (very liquid).

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Sources from International Marketing Group