Mark Mobius is widely acknowledged as one of the world s most astute investment professionals. His work as a leading emerging markets fund manager has earned him numerous accolades and global recognition.
In this introductory series, Dr. Mobius guides the novice investor through all aspects of mutual funds. Mutual Funds: An Introduction to the Core Concepts gives an in–depth understanding of mutual fund structure, the benefits of owning funds, how to build a portfolio of mutual funds and how to evaluate its performance.
Mutual Funds: An Introduction to the Core Concepts translates industry jargon into layman s terms, exploring all important concepts to help even beginner investors make informed decisions about their investments.
Highlights of the book include detailed coverage of:
the history of mutual funds
different types of funds, including open and closed–end, equity, bond and money market funds
the structure of mutual funds
techniques for selecting the right types of funds
strategies for buying and selling funds
the latest industry trends and growth drivers
how to determine a fund's risk and investment style
how to calculate return on investments
how to evaluate fund costs
how to interpret a fund prospectus, annual report and other documents
how to analyze mutual fund performance
This straightforward book offers a comprehensive, easy-to-follow guide that will give investors the confidence to build a portfolio and choose among the thousands of mutual fund offerings available in this rapidly growing industry.