In: Finance
Find the websites for the Vanguard group, Fidelity investment's and Putnam investments. Pick three or four funds from these sites and compare their investment objectives, risks, past returns, funds fees, and so on. Read the prospectuses for each fund. Who do you think should, or should not, invest in each fund?
Funds | Asset Class | Price(NAV) | Risk | 1yr.Return |
Vanguard Funds- | ||||
Federal money market fund | Money market | $1 | Nil | .81% |
500 Index admiral shares | Large Cap.Equity fund | $265.44 | High | 21.79% |
Target Retirement 2020 | Balanced Fund | $32.53 | Moderate | 14.00% |
Fidelity Funds- | ||||
Fidelity Equity dividend Income fund | Equity- Income | $29.50 | High | 14.09% |
Fidelity Blue chip value fund | Equity-Growth | $20.97 | High | 14.87% |
Fidelity Mid cap enhanced Index fund | Index fund | $16.64 | High | 18.40% |
Putnam Funds- | ||||
George Putnam Balanced -A | Balanced fund | $20.88 | Above average | 17.00% |
Putnam Diversified Income fund | Income Fund | $7.15 | Moderate | 6.6% |
Above mentioned funds are the funds that belong to different asset class. We should not choose one fund, one asset class or one sector rather we should diversify our investment by investing our money into different asset class groups so that our risk is diversified and we get safe returns.