Mutual Fund Search

Your goal is to find a mutual fund that has the following characteristics:
5 year rate of return minimum of 5%
Low initial investment maximum of $2500
Low expenses and fees no load and under % expenses
!here are numerous "#und families$ to choose from% &ut here are a couple that you can use'
(hoose others is you wish'
#idelity www'fidelity'com
)anguard www'vanguard'com
*anus https:++ww,'-anus'com+*anus+.etail+/ome0age
1reyfus www'dreyfus'com
#ran2lin !empleton www'fran2lintempleton'com
' (hoose a fund that meet the a&ove criteria 341 that fits your 5nvestment strategy+style'
(omplete the following information a&out that fund'
#und name #idelity 6elect 7ultimedia 0ortfolio
6ym&ol 8 #970:
!ype of #und growth and media fund
7orningstar .ating and (ategory 5 start (onsumer (yclical
2 month /i8Low $;<',58 $='2,
(urrent 43) $;2'0>
Y!1 .eturn ?<'2,%
year .eturn ?2<'%
5 year 3vg annual return ?25',5%
0 yr avg annual return ?2'>%
@xpenses and #ees @xp .atio ABrossC ';% @xp .atio A4etC ';% .edemption #ee'=5%
/oldings Atop 5C Dalt 1isney (o% (oncast (orp (L 3% (96 (orp (L 3% )iacom 5nc (L 9%
!ime Darner 5nc
7inimum 5nitial 5nvestment $2%500
2' Dhy might you choose a mutual fund over a stoc2 or &ondE
Fne may choose a mutual fund &ecause they are more convenient and they are lower in cost'
3lso% using a mutual fund is less ris2y than a stoc2 or &ond'