How to buy and sell SHARES?

You can purchase shares in some mutual fund by contacting the fund directly. Other mutual fund shares are sold mainly through brokers,banks,financilal planners,or insurance agents. All mutual funds will redeem(or buy-back) your shares on any business day and must send you the payment within 7 days.

The easiest way to determine the value of your shares is to call the fund's toll-free number or visit the website. The financial pages of major news papers sometimes print the NAVs for various mutual funds. When you buy shares , you pay the current NAV per share plus any fee the fund assesses  at the time of purchase,such as a purchase sales load or other type of purchase fee. When you sell your shares, the fund will pay you the NAV minus any fee the fund assesses at the time of redemption,such as a deferred(or back-end) sales load or redemption fee.A fund's NAV goes up or down daily as its holdings change in value 

WHAT IS MUTUAL FUND?

A MUTUAL FUND IS A COMPANY THAT POOLS MONEY FROM MANY INVESTORS AND INVESTS THE MONEY IN STOCKS,BONDS,SHORT-TERM MONEY-MARKET INSTRUMENTS, OTHER SECURITIES OR ASSETS, OR SOME COMBINATION OF THESE INVESTMENTS. THE COMBINED HOLDINGS THE MUTUAL FUND OWNS ARE KNOWN AS ITS PORTFOLIO. EACH SHARE REPRESENTS AN INVESTOR'S PROPORTIONATE OWNERSHIP OF THE FUND'S HOLDINGS AND THE INCOME THOSE HOLDINGS GENERATE.  

ABOUT MUTUAL FUND

OVER THE PAST DECADE,  INVESTORS INCREASINGLY HAVE TURNED TO MUTUAL FUNDS TO SAVE FOR RETIREMENT AND OTHER FINANCIAL GOALS. MUTUAL FUNDS CAN OFFER THE ADVANTAGES OF DIVERSIFICATION AND PROFESSIONAL MANAGEMENT. BUT,AS WITH OTHER INVESTMENT CHOICES, INVESTING IN MUTUAL FUND INVOLVES RISK. AND FEES AND TAXES WILL DIMINISH A FUND'S RETURNS. IT PAYS TO UNDERSTAND BOTH THE UPSIDES AND DOWNSIDES OF MUTUAL FUND INVESTING AND HOW TO CHOOSE PRODUCTS THAT MATCH YOUR GOALS AND TOLERANCE FOR RISK.