Questions

1. What is an investment fund?

2. Are funds risky?
3. How do the rates of return offered in funds compare with savings accounts?
4. What is the minimum amount of money that I can invest in a mutual fund?
5. How can I compare the rates of return between different groups of funds?
6. How easy is it to liquidate funds?
7. What types of funds are available?
8. Where can one get advice on investing and buying into funds?
9. What does it cost to invest in a fund – and do I need to understand stock, bond or money
markets before I invest?
10. What is the fund’s investment objective?
11. What securities does the fund invest in?
12. Who manages the fund?
i) Experience: How long has he been a manager?
ii) Track record: What kind of returns has the manager achieved for his clients in the past?
iii) Disciplinary actions: Has this manager been disciplined for a past action? If so, find
out more.
iv) Registrations and certifications: Does this manager have all the required registrations
with the appropriate financial authorities to trade and invest on behalf of clients?

13. What kind of strategy does the fund use?

14. What is the profile of the typical investor in this fund?
15. What are the main risks of investing in this fund?
16. What is the fund’s track record?
17. What is the fund’s after-tax performance?
18. What are the fund’s fees and expenses?
19. Are there different classes of shares?
20. What are the tax implications of investing in this fund?
21. What is the minimum capital an investor must commit?