When was the first mutual fund established?

Answer Although the history is murky, it is thought the first mutual fund was created by a Dutch merchant named Adriaan Van Ketwich in 1774. Van Ketwich was the first to package and sell investors stakes ... Read More »

Top Q&A For: When was the first mutual fund established

The Main Similarities & Differences Between a Hedge Fund & a Mutual Fund?

Hedge funds and mutual funds are both investment vehicles and attract investors looking for professional investment management. While hedge funds are set up through private offerings, mutual funds ... Read More »

What is the difference between a hedge fund&a mutual fund?

Hedge and mutual funds are investment instruments that benefit from diversification and professional management. The strategies and regulations that characterize each investment diverge significant... Read More »

Is an ETF a mutual fund?

Exchange traded funds (ETFs) basically are index mutual funds. With traditional mutual funds, you order your shares and buy them for the net asset value at the end of the day. ETFs trade like stock... Read More »

Is an IRA a mutual fund?

An IRA is an individual retirement arrangement. Money in an IRA can be invested in a mutual fund, but mutual funds are but one of a wide variety of investments permitted by the Internal Revenue Ser... Read More »