Introduction to Mutual Funds

• Identify various types of mutual funds, comprehend the difference between active and passive management, understand how open-end and closed-end mutual funds differ, • Learn about some of the potential benefits and drawbacks of mutual funds, as well as help determine for themselves whether mutual funds are an appropriate investment for them.

• Identify the different ways people can invest in mutual funds • Know when orders to buy or sell a mutual fund can be placed • Understand when and how often mutual funds are priced • Learn how mutual fund share prices are determined • Know how to explain the major share classes and the fees for each type