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2. 2003 mutual fund scandal - Wikipedia

   en.wikipedia.org/wiki/2003_mutual_fund_scandal

   "Late trading" occurs when traders are allowed to purchase fund shares after 4:00 p.m. at that day's closing price. Under law, most mutual fund trades received after 4:00 p.m. must be executed at the following day's closing price, but because some orders placed before 4:00 p.m. cannot be executed until after 4:00 p.m., brokers can collude with ...

3. Mutual fund - Wikipedia

   en.wikipedia.org/wiki/Mutual_fund

   A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.

4. Closed-end fund - Wikipedia

   en.wikipedia.org/wiki/Closed-end_fund

   The market prices of closed-end funds are often 10% to 20% higher or lower than their NAV, while the market price of an ETF is typically within 1% of its NAV. Since the market downturn of late 2008, a number of fixed income ETFs have traded at premiums of roughly 2% to 3% above their NAV.

5. 7 Best Mutual Funds To Buy and Hold in a Roth IRA

   www.aol.com/finance/7-best-mutual-funds-buy...

   1. Fidelity 500 Index Fund (FXAIX) A broad-based S&P 500 index fund is a good core choice for Roth IRAs. If you’re investing for retirement in your Roth, as most people are, you’ll have time ...

6. 4 Common Myths About Mutual Funds You Should Know ... - AOL

   www.aol.com/finance/4-common-myths-mutual-funds...

   An index mutual fund will mirror the performance of an index, like the S&P 500 or the Russell 2000. So you will not beat the market by buying these mutual funds, but you will match it — or at ...

7. What are mutual funds? - AOL

   www.aol.com/finance/mutual-funds-233244211.html

   A mutual fund is a type of pooled investment fund in which many people own shares. Mutual funds invest in many different companies, and some even invest in the entire stock market. However, when ...