Published on 9 Sep 2023 on InvestorPlace via Yahoo Finance
Mutual funds are pools of money that investors entrust to professional managers, who invest them in a diversified portfolio of stocks, bonds, or other assets.
They offer benefits of diversification, professional management, low costs, and liquidity. An important to any investor’s portfolio, they provide exposure to different sectors and regions that can enhance returns and reduce risk over time. However, finding the best mutual fund is not always an easy task. Plenty of mutual funds offer lukewarm performance or high fees or uncompelling strategies.
Outperforming their benchmarks and peers over the long term, below are three undervalued mutual funds worth considering for 2023.