IMPORTANT: Review link

http://money.cnn.com/pf/money-essentials-mutual-funds/index.html

I also expect you to use sites such as Yahoo Finance to further research what index funds are, and what Load funds are.

Here are 3 funds that were recommended to you by a financial advisor. Your job is to analyze each one and answer the questions below. Show your work.

	FUND 1	FUND 2	FUND 3
Description	This fund invests in stocks of large companies, and its goal is track the S&P 500. It imposes a commission and is sold through brokers.	This fund invests in companies with a history of paying dividends. It is an Equity-Income fund. It does not impose a sales commission. The funds managers try to choose stocks that will beat the S&P 500 index	This fund invests in foreign stocks but does not employ a fund manager. It seeks to track a foreign stock index. It does not impose a sales charge.
Expense ratio	0.3 %	1.8 %	2.5%
Load or No Load fund? Please answer as Load or No Load	_____ (1 pt)	_____ (1 pt)	_____ (1 pt)
Managed or Index fund?	_____ (1 pt)	_____ (1 pt)	_____ (1 pt)

a. What are some advantages / positives (if any) of fund #1?

Are there any disadvantages/negatives? (3 points)

b. What are some advantages / positives (if any) of fund #2?

What are some disadvantages/negatives (if any)? (3 points)

c. What are some advantages / positives (if any) of fund #3?

What are some disadvantages/negatives (if any)? (3 points)