In this assignment you will start to familiarize yourself with mutual funds by conducting online research. Download the Chapter 16 Mutual Fund research assignment Excel sheet Mutual Fund Research of Chapter_16_PFP.xlsx
In tab 62 there is a list of questions you will need to answer about a specific mutual fund.
To answer these questions and start your research on mutual funds go to the Investor Education Center https://imealliance.com/ (Links to an external site.) where you will conduct a fund search https://imealliance.com/decide/investment_tools/fund_search.fs (Links to an external site.) based on specific criteria that you might have for a fund starting with the idea of saving for the long term, such as saving for retirement or a down payment on a house/property.
Use the search criteria to find a fund that has performed well long term and has a moderate or lower risk profile. You will be able to find all of this information along with the answers to the question in the Chapter 16 Mutual Fund Excel sheet assignment.
When you click on a specific fund the Investor Education Center site will redirect you to Morning Star, which is a fund research site that will provide you information of the fund you chose. You may need to search on a few funds to find something that fits your needs and familiarize yourself with these searches.
Alternatively you can also go on the website of some well known brokers or fund managers to research mutual funds they offer, here are some examples below:
Fidelity Investments (https://www.fidelity.com/mutual-funds/overview (Links to an external site.))