How do I calculate the mutual fund?
When calculating Mutual fund investments, it is important to consider the investment goals of the fund. To calculate the return on investment (ROI) for Mutual funds, use the formula:
ROI = (Current Value - Original Value) / Original Value
To make the calculation easier, use a spreadsheet program such as Sourcetable to track your investment portfolio. This will help you to easily monitor your investments and their performance over time.
What is a Mutual Fund?
A mutual fund is an investment fund that pools money from many investors and invests it in a variety of securities, such as stocks, bonds, or money market instruments.
Does a Mutual Fund charge a sales load?
Yes, mutual funds generally charge a sales load, which is a commission paid to the broker or advisor who sells the fund.