A breakpoint is the dollar amount an investor must invest in order to receive a reduced sales charge, or load, on a mutual fund. In order to receive the reduced load, an investor must usually invest a certain amount of money upfront, and then make additional investments of a certain amount each year.
What is AMC in mutual funds?
The AMC is the asset management company that manages the mutual fund. The AMC is responsible for investing the fund's assets in accordance with the fund's investment objective and for providing shareholders with information about the fund's performance. Are there breakpoints with ETFs? There are no breakpoints with ETFs. How many types of MF are there? There are many types of mutual funds, but the three main types are stock funds, bond funds, and money market funds. Each type of fund has its own characteristics and risk level.
What are the 3 types of mutual funds?
The three types of mutual funds are equity funds, bond funds, and money market funds. Equity funds invest in stocks and are also known as stock funds. Bond funds invest in bonds and are also known as fixed-income funds. Money market funds invest in short-term debt instruments and are also known as cash equivalents.
What are fund categories?
There are three primary types of mutual fund categories, which include equity funds, fixed income funds, and balanced funds. Equity funds are mutual funds that invest in stocks, while fixed income funds invest in bonds. Balanced funds are mutual funds that invest in both stocks and bonds.