There are two types of mutual funds available on your company 401(k) retirement plan menu. First, there is an active mutual fund. This is the most commonly known type of mutual fund. An active mutual fund manager tries to justify their higher annual management fees by...
If you work at a Minnesota company, you need to understand the three main types of mutual funds available in your company 401(k) retirement plan. The three main types of mutual funds are target-date mutual funds, actively managed mutual funds and index mutual funds....