Mutual Funds

A breakpoint is the dollar amount an investor must invest in order to receive a reduced sales charge, or load, on a mutual fund. In order to receive the reduced load, an investor must usually invest a certain amount of money upfront, and then make additional investments of a certain amount each year. What is … Read more

A focused fund is a type of mutual fund that invests in a narrow range of securities, usually within a single industry or sector. The goal of a focused fund is to achieve higher returns than a more diversified fund by investing in a smaller number of companies that the fund manager believes will outperform … Read more