History of Investment Funds
Investment funds trace their origins to the Netherlands in the 18th century. Historians credit the Dutch East India Company with creating the first pooled fund when it invited citizens to pool their resources to finance sea voyages. The returns from these voyages varied: successful expeditions could yield substantial profits, while less fortunate ventures often resulted in the loss of the entire investment due to shipwrecks and other maritime hazards, accompanied by the tragic loss of many lives.
- Understanding rationale and mechanics.
- The differences between open-ended funds and closed-ended investment funds.
- The possible options that align with your investment goals.