You have recently decided to start investing. . As a young adult, you believe that you have a high risk tolerance. The goal is to find one mutual fund or ETF for yourself to invest in, and you plan to invest in it for at least 5 years. You can choose any Mutual fund or ETF available, except for those tracking S&P 500 or NASDAQ 100.

1. What is a mutual fund? What is an EFT? What are the differences between them?
2. Narrow down your selection to three funds and explain briefly why you choose them. Compare the risk, returns, performance and fees among them using Morningstar.com.
3. Choose one fund out of the three and justify your choice.
4. If you had invested $10,000 in your fund 5 years ago, how much money would you have in your account right now? Do you expect a similar return going forward for 5 years? Why or why not?