Mutual Fund Operations: Types, Fees, Performance, and ETFs
Book: Financial Markets and Institutions, 11th Edition Author: Jeff Madura Publisher: Cengage Learning, 2015 ISBN: 978-1-133-94788-2
Chapter 23 covers mutual funds, and it is packed. This is one of the longer chapters because mutual funds are such a big part of the financial system. There are more than 7,500 different mutual funds in the US with total assets of about $12 trillion. If you have a retirement account, you are almost certainly invested in one.