Get Your Free Audiobook

  • Mutual Funds

  • Money
  • Written by: iMinds
  • Narrated by: Emily Sophie Knapp
  • Length: 6 mins
  • 4.8 out of 5 stars (5 ratings)

Prime logo New to Audible Prime Member exclusive:
2 credits with free trial
1 credit a month to use on any title to download and keep
Listen to anything from the Plus Catalogue—thousands of Audible Originals, podcasts and audiobooks
Download titles to your library and listen offline
₹199 per month after 30-day trial. Cancel anytime.
Mutual Funds cover art

Mutual Funds

Written by: iMinds
Narrated by: Emily Sophie Knapp
Free with 30-day trial

₹199 per month after trial ends. Cancel anytime.

Buy Now for ₹48.00

Buy Now for ₹48.00

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice.

Publisher's Summary

Learn about Mutual Funds with iMinds Money's insightful fast knowledge series. A mutual fund is an investment vehicle that allows a group of investors to pool their money, allowing a professional to collectively trade securities on their behalf in exchange for a small fee. The pooled funds are used to purchase a diverse range of assets and provide a return to the investor. Typically the assets purchased are shares of companies and so reflect share market movements, but some funds focus on other markets such as property. Although the term ‘mutual fund’ has specific meaning in United States law, it is globally synonymous with the names managed fund, unit trust or collective investment.The origin of mutual funds can be traced back to a Dutch merchant, who in 1874 created a trust that accepted funds from several small investors. King William I appropriated this idea nearly fifty years later, launching investment companies in the Netherlands that placed a strong focus on investment diversification. It is this diversification that is the strength of the mutual fund. By pooling their funds a group of investors can afford to invest in a wider range of assets than would be possible individually. The benefits of investment diversification come from the exploitation of economies of scale in two ways. Firstly, brokerage costs are significantly reduced and the purchase of wholesale investment assets – which are typically issued in denominations of $1 million or more – becomes possible. Secondly, unsystematic risk is reduced by the diversification of the investment portfolio.iMinds will hone your financial knowledge with its insightful series looking at topics related to Money, Investment and Finance.. whether an amateur or specialist in the field, iMinds targeted fast knowledge series will whet your mental appetite and broaden your mind.

iMinds will hone your financial knowledge with its insightful series looking at topics related to Money, Investment and Finance.. whether an amateur or specialist in the field, iMinds targeted fast knowledge series will whet your mental appetite and broaden your mind.iMinds unique fast-learning modules as seen in the Financial Times, Wired, Vogue, Robb Report, Sky News, LA Times, Mashable and many others.. the future of general knowledge acquisition.

©2010 iMinds Pty Ltd (P)2010 iMinds Pty Ltd

Critic Reviews

"I'm learning all sorts of stuff about stuff I didn't even know I didn't know. And it sticks. In a nutshell: wonderful." (Jonathon Margolis, Financial Times)

What listeners say about Mutual Funds

Average Customer Ratings
Overall
  • 5 out of 5 stars
  • 5 Stars
    4
  • 4 Stars
    1
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0
Performance
  • 4 out of 5 stars
  • 5 Stars
    2
  • 4 Stars
    2
  • 3 Stars
    1
  • 2 Stars
    0
  • 1 Stars
    0
Story
  • 4.5 out of 5 stars
  • 5 Stars
    3
  • 4 Stars
    2
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    5 out of 5 stars

Great!

I am really like this audio book. nice content. excellent narration in this content.
Fantastic story

Something went wrong. Please try again in a few minutes.

You voted on this review!

You reported this review!