From my knowledge, usually we invest in mutual fund for 2 main purposes: income or growth, or both. Say I hold some units in a fund, for capital growth. Does it mean that I hope to gain based on the price of the fund? For example I bought a CIMB fund for 0.23 per unit, so I hope in a few years, THE PRICE OF THE FUND will appreciate so I can resell it?
One more thing, do ALL fund give dividend?
Thank you for yr assistance.
Oct 31 2008, 10:23 PM
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