
Not many people know that there are types of Mutual fund, I will just name 3 just to simplify things. So here are the 3 types:
1. Equity fund
2. Bond fund
3. Balanced fund
What is an equity fund?
Equity funds are the high risk stocks, these are the stocks with so many movements, really up and down in the charts. Please note that these stocks are also the good type (high grade), for example, we have Ayala here, SM, BDO, BPI etc.,...