Mutual Fund-NAV Question?
Thursday, April 10th, 2008I looking to invest in a mutual fund through my online brokerage account.
Maybe I am looking at this from a stock prospective-
Question: If you have two mutual funds-
1. Mutual Fund #1 has a NAV of 20; is currently producing at a 30 percent rate of return.
2. Mutual fund #2 has a NAV of 10; is currently producing at 15 percent rate of return.
Which one is the better buy and why? Is it a wash?
Thanks.
Question posted courtesy of: Rhonda










