By reading this chapter, you will…

  • Obtain knowledge about the process of establishing a mutual fund.
  • Understand how a mutual fund earns money and to who gets the profits.
  • Understand the meaning of selling shares in a mutual fund.
  • Calculate the share price, purchase price and the selling price of a mutual fund.
  • Explain the meaning of useful terms like “Fee”, “Entry Cost” and “Prospectus”.

Use the table of contents on the right or the navigation arrows above to start reading!