Bitcoin Exchange CEX.IO

The Stock Market

Table of Contents

Mutual Funds

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”.

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