The rise of mutual funds
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The rise of mutual funds an insider"s view by Matthew P. Fink

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Published by Oxford University Press in New York .
Written in English

Subjects:

  • Mutual funds,
  • History

Book details:

Edition Notes

StatementMatthew P. Fink
Classifications
LC ClassificationsHG4530 .F527 2011
The Physical Object
Paginationxiii, 341 p. :
Number of Pages341
ID Numbers
Open LibraryOL24803922M
ISBN 109780199753505
LC Control Number2010011753

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Today U.S. mutual funds are the largest financial industry in the world, with over 88 million shareholders and over $11 trillion in assets. New and updated to reflect the crash of , Matthew Fink's latest book, The Rise of Mutual Funds: An Insider's View, Second Edition describes the developments that have produced mutual funds' long history. In few Americans had heard of mutual funds. Today U.S. mutual funds are the largest financial industry in the world, with over 88 million shareholders and over $11 trillion in assets. The Rise of Mutual Funds describes the developments that have produced mutual funds' long history of success. The book describes the developments that caused mutual funds to go from a virtually unknown financial product in the s to the largest financial industry in the world today. It covers the formation of the first mutual funds in the roaring ’20s; how the stock market crash, a disaster for most financial institutions, spurred the growth of mutual funds; the establishment in , over Author: Matthew P. Fink.   In few Americans had heard of mutual funds. Today U.S. mutual funds are the largest financial industry in the world, with over 88 million shareholders and over $11 trillion in assets. The Rise of Mutual Funds describes the developments that have produced mutual funds' long history of success. Among these developments are: * formation of the first mutual funds in the roaring 20s * .

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. And 99% Of All Mutual Fund Managers By Making Trades Per Month David Alan Carter. out of 5 stars Paperback. $ # Broke Millennial Takes On Investing: A Beginner's Guide to Leveling Up Your Money. Book value, also known as adjusted cost base (ACB), is calculated by adding the total amount of contributions made by an investor into a mutual fund, plus reinvested fund distributions, minus any withdrawals. Book value is used from a tax perspective to determine if an investor is in a capital gain or loss position on a particular holding. To these folks, a book about the rise of mutual funds is about as enticing as one about the rise of vanilla ice cream. It won't be the first time these folks have been dead wrong. Matt Fink's book is not so much about the investment side of the fund business.5/5. Mumbai: Despite a rise of % in July and multi-billion deals with global tech giants and investors, Reliance Industries Ltd was the most sold stock by mutual funds in the month as equity.

Read this book on Questia. In few Americans had heard of mutual funds. Today U.S. mutual funds are the largest financial industry in the world, with over 88 million shareholders and over $11 trillion in Rise of Mutual Fundsdescribes the developments that have produced mutual funds' long history of success. In few Americans had heard of mutual funds. Today U.S. mutual funds are the largest financial industry in the world, with over 88 million shareholders and over $11 trillion in assets. New and updated to reflect the crash of , 'The Rise of Mutual Funds' describes the developments that have produced mutual funds' long history of success.   The best mutual funds to buy include a diverse range of categories ideal for weathering volatility and a weakening economy. Even amid something like the coronavirus and a bear market for stocks, long-term investors can always still take advantage of lower prices while keeping a long-term perspective beyond the current year.   The total number of open-end funds for the global mutual fund industry in reached more than , Over 50% of the assets held by the industry are concentrated in the United States, where there are more than 9, mutual funds managing over $ trillion in assets right now.