What are retail mutual funds? Are they the same as the 403B money that is taken from paychecks?


What are some examples of retail mutual funds? Someone said that they are no good and that they rip people off. Please explain. Thanks.

A 403(b) is a type of retirement account, not a specific mutual fund.

"Retail" mutual funds means those that any individual can invest in directly with the fund company. "Institutional" Mutual Funds are available only to (naturally) insitututions like pension funds or investment firms that invest large sums. The difference is in the expense ratios. "Someone" is wrong.

Posted February 9th, 2010 by admin 1 Comment » This entry was posted on Tuesday, February 9th, 2010 at 12:23 am and is filed under Mutual Funds. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “What are retail mutual funds? Are they the same as the 403B money that is taken from paychecks?”

  1. src50 Says:
    February 9th, 2010 at 5:36 am

    A 403(b) is a type of retirement account, not a specific mutual fund.

    "Retail" mutual funds means those that any individual can invest in directly with the fund company. "Institutional" mutual funds are available only to (naturally) insitututions like pension funds or investment firms that invest large sums. The difference is in the expense ratios. "Someone" is wrong.
    References :

Leave a Reply

 

 

(C) 2009 NanoThailand.org - All rights reserved.