The National Directory of Certified Public Accountants

Ask A CPA - Investments & Financial Planning

What Are Some Of The Steps To Consider When Selecting A Mutual Fund ?

Some steps you should consider include (1) match the fund objective and risk level with the investor’s goal; (2) find the top funds that are the best on performance, fees and expenses, stability, and management; (3) determine other factors which might affect future performance, such as market trends and outlook; and (4) investigate any soon-to-be issued dividends for capital gains, and consider purchasing the shares after that date to avoid taxes.

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