MUTUAL FUNDS There are basically two types of mutual funds: open-end and closed-end. The open-end fund offers various investment styles in an actively managed portfolio whose share price trades at net asset value.The closed-end fund's portfolio is unmanaged and its share price is determined by supply and demand in securities markets.They both can provide diversification and/or asset allocation.Types Include: Growth, growth and income, or balanced mutual funds. As well as, sector specific and specialty funds which offer investing in a specific industry, country, index or niche.For complete history, performance and all other informative data on mutual fund groups, their management and their individual funds please call Bob Engel. *This material is for informational purposes only and should not be construed as investment advice. Investors should consider the investment objectives, risks, charges, and expenses carefully before investing.