Mom and mutual funds are more alike than you think. Well that might have caught you a little off guard so let me explain what I mean.
Mutual funds are a category of investments that are managed by professional fund managers who look after a pool of money by investing it in accordance with the investment objective of the investor. Much like moms who are always aligned with what is best for their children.
Like mothers, who constantly check on their children, mutual funds are monitored continually by fund managers to ensure that relevant changes are made keeping in mind investor objectives.
You can invest in mutual funds methodically, making systematic investments, a lesson that your mom would have taught you as a child. Save regularly and set aside money for your future. There are many more ways in which you can draw these kind of parallels as illustrated in this infographic.
For more details, you can visit the HSBC website. Also, readers are requested to fill in this form to help you understand better and have your queries answered by the brand.
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