Investments & Financial Planning
What are some of the steps to consider when selecting a mutual fund ?
Answer:
Some steps you should consider include (1) match the fund objective and risk level with the investor’s goal; (2) find the top funds that are the best on performance, fees and expenses, stability, and management; (3) determine other factors which might affect future performance, such as market trends and outlook; and (4) investigate any soon-to-be issued dividends for capital gains, and consider purchasing the shares after that date to avoid taxes.