Many people are concerned about investing their money in something profitable. However, without the necessary advice, they do not know for sure how to invest. Today you will learn about the types of mutual fundswhich are very useful in this case.
What is a mutual fund
When the interests of several people who own capital come together and decide to make a joint investment, then we are talking about a mutual fund.. Therefore, this consists of pooling the capital of different investors to obtain a common return.
Nowadays, it is very common to find advertisements for mutual associations, mutual companies or joint investment entities.. What is certain is that they all respond to the same objective, to allow the resources used to yield positive results.
However, the investments made by mutual funds may relate to the acquisition of assets or financial instruments. Likewise, these funds can raise capital from natural and legal persons.
In relation to the dividends or benefits that remain for each mutual fund customer, it is necessary to mention that each will receive a profit according to the return on the investment.
Types of mutual funds
There is a wide variety of mutual funds. That is why we present the main ones so that you can determine which one suits you best:
Capitalization fund
For regulatory reasons, the equity funds require that the investment be equivalent to at least 90% of the total value of the assets registered in the fund..
Likewise, these funds allow investing in short, medium and long term debt instruments, as well as in capitalization instruments.
Structured fund
This type of fund seeks to obtain a fixed or variable return.The return on investment is determined prior to the investment. They have a pre-established time to generate such yield, and must always have a guarantee document attached.
Unrestricted investment fund
The hedge fund allows its participants to choose their investment objective without the need for rigid rules.However, it must have at least a minimum standard to ensure investor discipline.
Qualified investment fund
As the name implies, is aimed at very specific investors, who must meet certain capital requirements.. However, its investment policy is free, which must be established in its particular regulations.
Mixed Fund
As they are mixed, this type of fund allows investments to be made in instruments of different characteristics. For example, short, medium and long term are allowed.
Likewise, a mixed fund must contemplate the maximum and minimum percentages of the assets that comprise it, as well as the difference between these proportions must be less than 50% of the value of the assets.
Short-term debt fund of less than 90 days
In this case, the investment portfolio may not exceed 90 days.The investment in short-, medium- and long-term debt instruments is permitted.
Short-term debt fund less than 365 days and greater than 90 days
It is very similar to the previous one, with the only difference that investment portfolio must be greater than 90 days, but less than 365 days. Allows investment in short, medium and long term debt instruments.
Medium and long-term debt fund
Unlike the cases mentioned above, this type of mutual fund contemplates that the investment portfolio exceeds 365 days.. The debt instruments included must be medium or long term.
What are debt and equity instruments?
Mutual funds base a large part of their investments in debt or equity instruments.. On the one hand, debt instruments are obligations that allow the issuer to obtain financing, with a commitment to repay it within a set period of time.
For its part, capitalization instruments are investment vehicles that generate profitability.the value of which is variable. This value is influenced by market conditions and the characteristics of the business, among other aspects.
Finally, it is very important to note that the right financial advice is necessary to participate in a fund of this type. Knowing the types of mutual funds, the ideal is to join the one that fits our profitability needs.
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