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Image courtesy of Adam Gault/Getty Images

Image courtesy of Adam Gault/Getty Images

 

Mutual funds, hedge funds, private equity funds, trust funds, exchange-traded funds, open and closed-end funds, funds-of-funds… and the list goes on.  The seemingly endless array of the types of financial pools available (listed here is just a broad overview) can appear as a daunting investment decision.  A solution maybe with the use of a fund manager to acquire some of the funds not available to the general public.  Although factors to consider when choosing the right representative are the types of asset classes and how they’re spread out –  to reduce risk – and the fees associated with those transactions along with the investment strategies.  Nevertheless, investment funds are a helpful alternative to building a well diversified portfolio.