search query: @author Bernstein, P. / total: 12
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| Author: | Bernstein, P. Rojas, S. |
| Title: | The burgeoning world of mutual funds |
| Journal: | Journal of Accountancy
1994 : NOV, p. 44-52 |
| Index terms: | ACCOUNTING FINANCE UNIT TRUSTS |
| Language: | eng |
| Abstract: | Informed CPAs can help clients make better investment decisions. For most of the last decade, mutual fund investors have been too busy counting their profits to worry about potential losses. While the average stock gained 11.6% over the last three years, the average mutual fund returned 14.2%. In 1993, some funds that invested in small company stocks or foreign securities climbed 30% or more. Even conservative investments, such as bond funds, have been surprisingly strong performers. |
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