How Do You Understand Putnam Mutual Funds?
Putnam Investments is a Boston-based money management firm and one of the largest mutual fund administrator in America. In 2005, Putnam managed nearly 200 billion dollars worth of investments. They offer four different levels of investments. Clients can tailor their choices to their purposes and their tolerance of risk. Know that growth funds are those mutual funds that incur higher risks but offer higher rewards. Decide how aggressive you want your growth fund to be. The most aggressive of these is the OTC and Emerging Growth Fund, which focuses on small, new companies that have high potential and high risks. Know that you can also invest in a more conservative fund. The most conservative fund at this level is Health Sciences Trust. Focused on the health care industry, it is diversified within that category. Understand that blend funds are designed to balance risk and return. They consist of stocks that are believed to be undervalued, plus stocks that are considered to be more stable,
