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An open end fund that is purchased and redeemed with an investment company is a mutual fund. These investments are issuing new shares and are normally bought paying a sales charge to the company or a selling group member firm.
There are mutual funds invested in every sector of the market and every investment objective. The type of fund you choose should reflect your income needs, risk tolerance and your current and projected future financial situation.
Copyright  2006 American Investment Training, Inc.
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