Day: August 20, 2008

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Daily life or politics?

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I hate writing about politics. Till it affects our daily lives. When in 1941 FDR, the then President of USA said freedom means freedom of speech, freedom of worship, freedom from want and freedom from fear, I thought it was a good workable definition. Today when I was reading Obama’s book and he quoted FDR, […]

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Types of funds – Open ended or Close ended

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Open-end Funds An open-end fund is one that has units available for sale and repurchase at all time – from the fund itself. An investor can buy or redeem units from the fund itself at a price based on the Net Asset Value (NAV) per unit. This is like making a fixed deposit with the […]

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