Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are mutual funds insured by the FDIC?

FDIC insured Mutual funds
0
Posted

Are mutual funds insured by the FDIC?

0

No, the FDIC does not insure mutual funds. The FDIC insures deposits of $100,000 or less in banks, credit unions and savings and loans. This sometimes surprises people who purchase mutual funds through their banks.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123