Insider Hints: A Guide to Choosing Mutual Funds

Insider Hints: A Guide to Choosing Mutual Funds
In nearly all mutual funds an investor can order any number of shares above a low minimum, pay for them at the currently asked price per share, and receive a certificate of ownership. This is the old-style method of buying, and it still suits a good many investors. Each purchase is a complete transaction, and a buyer gives no hint as to when or whose stock, or how much, he intends to buy next time.