Nearly all mutual funds operate as regulated investment companies. This means that

danyyzz

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Nearly all mutual funds operate as regulated investment companies. This means that

Nearly all mutual funds operate as regulated investment companies. This means that

▸ they are no-load funds.

▸ portfolio decisions are mandated by government authorities.

▸ they do not pay taxes on their income.

▸ their investments are guaranteed by the FDIC.

Textbook

Fundamentals of Investing

Edition: 14^th

Authors: Zutter, Smart

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Thanks

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this is exactly what I needed

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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