What Is A Mutual Fund?

This is a quick four-minute video that I put together to explain the very basics of a mutual fund and how it works. Feel free to share it with anyone you think might like it.

Note: you can click on the bottom right of the video to blow it up to a full-screen view. Enjoy! Feedback welcome in the comments section below.

What Is A Mutual Fund? from Preet Banerjee on Vimeo.

Preet Banerjee
Preet Banerjee
...is an independent consultant to the financial services industry and a personal finance commentator. You can learn more about Preet at his personal website and you can click here to follow him on Twitter.
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Showing 8 comments
  • Mark Wolfinger

    A mutual fund is a group of investors who give their money to someone else to invest. On average that person who gets the money is an under-performer and under-achiever. Yet, he/she is paid a significant portion (1+% annually) to mismanage the investment dollars.

    The following well-known phrases apply:

    A fool and his money are soon parted

    Laughing all the way to the bank (the manager, not the investor)

    Where are the customers yachts?

    Mark

  • Big Cajun Man

    Very useful, will you be doing one for Index Funds next?

  • Preet

    @Mark – hey, I never said anything about whether they were good or not! :)

  • Preet

    @Big Cajun Man – most definitely!

  • Big Cajun Man

    If you do one on Index Funds, but a Ferrari in it, please.

  • WD

    Why does CIBC claim to charge less fees than investment adviser from London Life?

  • Preet

    WD – can you provide more details?

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