Page 188 - A Canuck's Guide to Financial Literacy 2020
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▪ Professional management
▪ Diversification
▪ Access to markets
Mutual funds are typically recommended to individuals who are not comfortable in investing
in stocks or bonds by themselves. Mutual funds have continuous oversight that might make
a novice investor comfortable knowing that their money is managed by a professional
portfolio manager.
Every mutual fund provides a document called Fund Facts for investors. This includes the
fund’s risk rating, based on the past volatility of the fund’s returns. Make sure that you
always review a mutual funds fund fact before investing.
