Low-Load Mutual Funds: The American Association of Individual Investors

The Individual Investor's Guide to Low-Load Mutual Funds (18th Edition) is a financial reference book published in 1999. It was authored by the American Association of Individual Investors (AAII) and is a part of their series of guides on low-load mutual funds.

Summary

The book is a comprehensive guide designed for individual investors who manage their own investments. It provides detailed information on low-load mutual funds, which are funds sold without a sales commission. The guide includes:

• Fund performance data: Historical returns and risk profiles.

• Fund manager information: Biographies and investment philosophies of fund managers.

• Fund-specific details: Investment objectives, fees, and minimum investment requirements.

The book's purpose is to empower investors by providing the data and analysis needed to make informed decisions about building a diversified and cost-effective portfolio of mutual funds.