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 | May I ask you a few questions? | |
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| Sure! What would you like to know? | |
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| Well, we know that Mutual Funds are a form of managment-investment company that combines the money of it's shareholders, but many people don't know the different types of Mutual Funds. Would you care to explain the different types? | |
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| Most Mutual Funds are classed as open-end funds. | |
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| So, your saying that the fund will redeem outstanding shares immediately upon request? | |
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| Yes, for example, In Bond/Income Funds a fund specializing in high-yield junk bonds is much more risky than a fund that invests in government securities. | |
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