What is Mutual Fund
Mutual fund is one of the relatively safe investment products with attractive potential yield requiring relatively minimal capital. But we need to understand it to really enjoy its benefits. It’s like an investment cake made of various elements or ingredients, such as stocks, bonds, certificates of deposits, and money market instruments.
Mutual fund also offers 4 types offered in Indonesia: conventional and sharia, structured funds, Exchange Traded Fund, and private equity. Each type will bring us unique benefits and the degree of challenges in managing them.