business work

Mutual Fund Homework – basics of researching Mutual Funds online

Assignment:

1).Go to Yahoo.finance or another FREE website. You can also try Morningstar.com

2).Look up your ticker symbol of a mutual fund you are interested in. You may need the wall street journal to find some, or not, it is up to you.

3).Find the following and PRINT OUT for credit

a).1 year return

b).1 year high price

c).1 year low price

d).Morningstar rating

e).Morningstar style box (what type of fund is this)

f).Expense ratio (is it higher or lower than the average)

g).Fund summary

h).Top 5 holdings (list the companies not the ticker symbols)

4).Would you invest in this fund – why or why not

5).Why did you choose this particular mutual fund to use for homework.

6).What does a Morningstar rating .mean – what is the highest, what is the lowest?

7).Describe what the Morningstar style box indicates for your particular mutual fund

8).What are two advantages of investing in mutual funds

9).What are two disadvantages of investing in mutual funds

10).If you were ready to invest, would you choose mutual funds or stocks? Explain your reasoning. (there is no wrong answer)

And to add to the final project: how much did this fund cost in 2005 and what is the 10 year rate of return on this mutual fund? Add to the spreadsheet of stocks.