Home / Columns and Features / Fund Fundamentals Part 3: Liquidity (access required)

Fund Fundamentals Part 3: Liquidity (access required)

The enduring popularity of mutual funds can be attributed, in part, to the fact that they provide investors with access to a professionally managed portfolio at a reasonable cost. In this third column in our series about investing in mutual funds, we consider another important attribute that contributes to the continuing popularity of mutual funds—liquidity. Except ...

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Have mutual funds become obsolete? (access required)

Mutual funds are essentially a 1920s innovation. The modern mutual fund dates back to 1924 with the creation of the ...