MUTUAL FUND (SLP) Essay Example | Topics and Well Written Essays - 500 words

MUTUAL FUND (SLP) - Essay ExampleThis paper leave behind discuss as to which mutual investment firms to be purchased from the available funds of $95000 and what criteria is used to purchase the same. correlative Fund Purchase Decision One of the funds to be purchased with the available funds is High Dividend blondness Fund which tracks the performance of Morningstar Dividend Yield Focus Index.1 This fund is a relatively new fund and was launched during exhibit 2011 however one of the key reasons at to why this fund is picked is its low write off ratio. The overall expense ratio is 0.4% with no acquired fees and expenses. A low expense ratio is one of the key criteria to decide most purchasing a mutual fund though it is not the only criteria. (Barker, 2011). Further, the overall holding of the funs is in sectors which are relatively stable and provide regular dividends. Since its inception, fund has earned a total retrovert of 4.39% whereas index returned 4.52%. 50% of the fun ds will be used in the purchase of this fund. Another fund to be purchased with the available funds is the MSCI BRIC Index Fund which tracks this index2.