Mutual Funds Intro
Mutual Funds Search

Mutual Funds Intro

A mutual fund creates collective buying power by pooling the money of thousands of participating investors. The fund is controlled by a manager who buys stocks, bonds or other securities with the cash pool. As a participating investor you hold a stake in all the mutual fund's many and varied investments; allowing you, with relatively little outlay, to develop a diversified portfolio that would cost much more if one were buying individual stocks and bonds. Additionally, the job of maintaining your portfolio is done for you, by the fund manager.

The determining price for a share of a fund is the net asset value (NAV), which equals the total value of the securities the fund owns divided by the number of shares outstanding. For example, a mutual fund with $15m worth of stocks and bonds and 1.5 million shares would have a NAV of $10. The NAV will likely fluctuate daily, according to the trading activity of the fund's many and varied investment holdings.

The NAV is the price at which you can buy or sell shares in the mutual fund, excluding broker or agent commissions where applicable.

Mutual Funds Search

Search by fund group or type:

This tool allows you to look up a mutual fund. You can either search by fund provider, or by fund type, or both fund provider and fund type. If you don't know the name of the fund provider or type, you can enter: fund provider keyword, or fund type keyword, and/or fund symbol, or Submit button.

There are nearly 500 Mutual Fund Groups to select from and more than a dozen fund types to cross reference. You can look up the symbols of your funds, and assess their NAV performance as you would equity symbols in your Portfolio Section.

Net Asset Value (NAV) equals the total value of the securities the fund owns divided by the number of shares outstanding.

The NAV is the price at which you can buy or sell shares in the mutual fund, excluding broker or agent commissions where applicable.