Community / If I invest 11 million on mutual funds how much money will I...

If I invest 11 million on mutual funds how much money will I earn per year

Mutual Funds

If I invest 11 million on mutual funds how much money will I earn per year

Asked by ucheson · 1 month ago · 21 views

3 Answers

There are many types of Mutual Funds. Which one?

DanielTrade · 1 month ago
▲ 0

Like money market funds

ucheson · 1 month ago
▲ 0

Money Market Mutual Fund currently returns an average rate of between 15-17% now depending on the platform with daily compounding that rate can jump by adittional 1% so for a 15% annual rate you should have about 16.15% return at the end of the year about 1,779,000

Note: Money market mutual fund is not constatnt the rates do change depending on other economic factors

DanielTrade · 1 month ago
▲ 0

Log in to post an answer.

Log In