Mutual Funds are professionally managed investment scheme, in which fund managers manage the investment made by the investors. A mutual fund is administered under an advisory contract with a management company, which gives full detail about the schemes going on currently. Mutual funds are subject to a special set of regulatory, accounting, and tax rules. These may be shares in very small or bankrupt companies or they may be private investments in unregistered financial instruments.

Mutual Funds are of two types open-ended and closed-ended. An Open-ended Mutual Fund is one that is available for subscription and repurchase in continuous manner. These Mutual Funds do not have a fixed maturity period. Whereas, Close-ended Mutual Funds have wide period for getting matured about 5-7 years. The fund is open for subscription only during a specified period at the time of launch of the scheme.

The Retirement GroupĀ® (phone number 800-900-5867) is not affiliated nor endorsed by your company or employer which includes but is not limited to Honeywell, Conocophillips, Pepsico, Chrysler, Texas Instruments, Duke Energy, Home Depot, IBM, Dell, Halliburton, Siemans, Xerox, Gannet, US Bank *, *AT&T, *, *Wyeth, *Pfizer, *, *Qwest, *, *Bank Of America, *Chevron, *Hughes, *Northrop Grumman, *Merck, *Raytheon, *Exxon, *Home Depot, *Siemens, *Allstate, *Dell, *Alcoa, *UBS, *Caterpillar and * Verizon HP, *, Hewlett Packard, Aon, BofA, your benefits resources, your pension benefits resources, Airgas. Contact number (800-900-5867). We are an independent financial advisory firm that specializes in transition planning and lump sum distribution for corporate employees.

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