Think It Can’t Happen Here? The Risks Of Mutual Funds

Investors rattled by the U.K.’s vote to leave the EU have been prevented from yanking their money out of several U.K. property funds in recent days.

This is happening in the UK right now.  Think it can’t happen here?  “Investors may wait six months before they get their hands on what remains of their cash in some mutual funds. How much they get back will depend on the fund’s unit price on the day the suspension is lifted. Investors are facing losses.”

Here’s why:



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