Question
This chapter stresses about the importance of evaluating potential mutual fund investment. Now it is your turn to try your skill at evaluating potential fun
This chapter stresses about the importance of evaluating potential mutual fund investment. Now it is your turn to try your skill at evaluating potential fun investment. To complete this case assignment, you need to begin by picking your specific fund. You can choose any type of fund that you think can help you achieve your personal financial goals. For help in choosing your fund, you may want to use fund screeners at the Yahoo! finance website. (screener.finance.yahooh.com/fund.html) or morningstar (www.morningstar.com). Once you have selected your fund, use information from the internet, professional advisory services, newspapers, or financial publications to research your fund. Hint: Before completing this assignment, you may want to review the material in chapter 16 from the book personal finance 12th edition under this section "How to decide to buy or sell Mutual Funds". Then complete the assignment below:
1. Describe the process you used to choose your fund.
2. Describe the specific source of information you used to evaluate your fund. Were the source of information helpful or not?
3. Based on your research, answer all of the questions on PERSONAL FINANCE PLANNER Sheet 62 "Mutual Fund Evaluation", that is located at the end of the above text.
4. In a one to two report, explain your decision to buy or not buy the fund you chose to research. Be sure to indicate whether this fund could help you obtain your personal financial goals and what you learn about evaluating a mutual fund.
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