Of course within the mutual fund industry, there are hundreds of choices. There are conservative funds and risky funds, domestic and international funds and funds that are composed of other mutual funds. Mutual Funds Winners & Losers.
In a new sign of market turbulence, managers of a multibillion-dollar money market fund said on Tuesday that customers might lose money in the fund, a type of investment that has long been considered as safe and risk-free as a bank savings account.
The announcement was made by the Primary Fund, which had almost $65 billion [...]