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Anyone know the process if someone wanted to start there own mutual fund? (aka a business) basic information would be useful in this article.
The first thing I suggest to do is to begin with a grammar, fix "there own" with "their own" but use SVO form as well. Signatures and time stamps would be nice too.
Warren Buffett, one of the most experienced and successful investors in the United States, strongly discourages mutual fund investment by his stockholders.
Berkshire Hathaway in its own way, is a mutual fund. It is a collection of company stocks (and as Paul points out complete companies) Buffett has bought for his investors. Also I am pretty well versed with Buffett and his thoughts, but can't recall him saying much one way or another regarding mutual funds, do you have reference source?
Update: The quote / views attributed to Warren Buffet which implicates the following: strongly discourages mutual fund investment by his stockholders. In fact this is the completely false. He has been quoted saying the following however: "..the best way to own common stocks is through an index fund..." Paul.Paquette (talk)
Regarding the paragraph below, taken from the Mutual Fund article: This paragraph lists 3 types of mutual funds, but explains only one type. Also, it introduces another type, exchange-traded funds, not part of the original 3 types.
"There are 3 types of U.S. mutual funds: open-end, unit investment trust, and closed-end. The most common type, the open-end mutual fund, must be willing to buy back its shares from its investors at the end of every business day. Exchange-traded funds are open-end funds or unit investment trusts that trade on an exchange. Open-end funds are most common, but exchange-traded funds have been gaining in popularity." — Preceding unsigned comment added by 155.95.80.253 (talk) 16:45, 25 April 2012 (UTC)
If you scroll down and finish reading the page, they clearly lay out all three types and then some. — Preceding unsigned comment added by 68.168.165.126 (talk) 03:40, 16 September 2012 (UTC)
And all the types of funds (open-end, unit investment trust, closed-end) are explained earlier in the article. Nicwriter (talk) 21:12, 28 September 2012 (UTC)
There is an additional share class for mutual funds, Class D. Any reason it shouldn't be here? — Preceding unsigned comment added by 2A02:C7F:7002:BC00:41A2:901A:C90A:B553 (talk) 04:28, 26 March 2018 (UTC)
1. "On the negative side, investors in a mutual fund must pay various fees and expenses".
The sentence is misleading. Nothing is free. It's like buying bread from a bakery. It's an exchange.
2. The list of disadvantages has "fees" (not free obviously - it's a service) and "less predictable income" (I wonder in comparison to what).
3. The "Controversy regarding fees and expenses" section is pointless. How can you make an argument without sources? Also, low-expense funds like index funds have no direct correlation to higher rate of return. In fact, you can pay 0.3% and make 5% or 1% and make 20%.
4. "hypothetical initial payment of $1,000".
I believe the most appropriate word is not "payment" but "investment".
This article seems to treat all investment funds as mutual funds: "Primary structures of mutual funds include open-end funds, unit investment trusts, and closed-end funds. Exchange-traded funds (ETFs)". If that were the case, we should just merge this article with investment fund. Merriam-Webster defines mutual fund as: "an open-end investment company that invests money of its shareholders in a usually diversified group of securities of other corporations". I will update this article to adhere to that definition, which is shared generally by most sources. ETFs and closed-end funds have different mechanics and rules and should not be lumped in with mutual funds. II | (t - c) 09:24, 28 February 2020 (UTC)
This article was the subject of an educational assignment supported by Wikipedia Ambassadors through the India Education Program.
The above message was substituted from {{IEP assignment}}
by PrimeBOT (talk) on 19:55, 1 February 2023 (UTC)
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