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Mutual funds are often categorized by investment policy. Discuss and present the main policy groups. Explain how investment returns generated by mutual funds are taxed.

Mutual funds are often categorized by investment policy. Discuss and present the main policy groups.
Explain how investment returns generated by mutual funds are taxed. Do you think it is fair?
Over time returns in different countries markets become closer correlated. Why is it happening?
Discuss the key types of risks involved in international investing and how these could be mitigated.
Acknowledge the main differences between hedge funds and open-end mutual funds.
Would you consider investing with hedge funds?

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