Mutual funds are a useful way for investors to purchase a variety of stocks and bonds in a pool form. But not all mutual funds are the same. Some focus on specific stock sectors, while others cast a wider net. And still others feature different mixes of bonds.
A wide range of information about mutual funds is available online. Here are a few good sites:
¢ American Association of Individual Investors (www.aaii.com/faqs/mutualfunds.cfm) features a list of 14 frequently asked questions about mutual funds, and the answers.
¢ Fundsavvy.com (www.fundsavvy.com) offers a wide range of mutual fund information on fundamentals, mutual fund types and feature articles.
¢ Investopedia (www.investopedia.com/articles/mutualfund/)" provides dozens of articles devoted to mutual fund topics, and still more information under "Dictionary" and "Ask Us" drop-down menus.
¢ Mutual Fund Investor's Center (www.mfea.com) contains all sorts of information, including fund listings and planning and tracking features.