You are the moderate of the group. You are interested in maximizing profits by investing in several stocks at once by using a mutual fund. Although this is riskier your investment is managed by a professional.
Your first task is to be able to define what a mutual fund is to the rest of your group. You will receive a Moderate Investor Worksheet from your teacher with the following questions:
The following list will help you do that.
Your second task is to decide which mutual fund to recommend to your group and why. Write this down before you link to the mutual fund site!!
Once you are in the Fidelity site you need to chose Fidelity Funds and Prices. From there chose Growth, then Blue Chip Growth [The symbol is FBGRX]. Investigate the information on this fund. (This means take some notes for yourself) After you note this fund, go back and chose Growth & Income, then Real Estate [The symbol is FRESH]. Investigate the information on this fund. Finally go back and chose International, then Japan Small Companies [The Symbol is FJSCX]. Investigate this fund. After this you will be ready to report to your group. Now go to the Fidelity website.
You must also remember that you need to subtract a $10 fee charged to you from the mutual fund manager at the end of the 12 weeks.