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When funds and resources are obtained from the investors and brought together in a pool of fund. This is what is known as the mutual funds. It has many importance one of them is, it boost economic growth of the country whereby the economic status of a country can grow to a better status since the resources are brought together from the investors and are used in development of economic status of the country thus discourage inflation issues.
Through the saving together of these money it raises the living standards of people whereby through this the people are able to increase their living standards as compared to where they were before. These can be fully achieved by lending out the interest of investors which has accumulated and through the similar fund the investors can be presented fully in other investment firms and have a healthy competition.
When the investors come together and invest their funds it brings about employment or job opportunities in the country where people may get job opportunities in the investment environment and be able to get some packages from the mutual fund and have ability to develop their standards and be able to focus for their future benefits. With unemployment the nation may lag behind and also drive away the investors who are the ambassadors of peace, stability and development of country economy.
This mutual fund may have a great significant whereby it may lead to development of infrastructure such as smooth roads which may lead to higher production activities, transport and communication networks in the country. This will boost the economy.
It encourages saving culture where by the investors can have their mind fully in saving without using the resources anyhow by scattering them anywhere. This may make them save more and spend less in their want thus encourage the culture of saving the money and expecting to get some advantages in return through their savings thus encourages saving rather than scattering of the resources and using them without any plan.
Creates an interest for the investors to save more and spend less in their needs so as to facilitate and encourage others to save the funds as they have hopes that at the end they are going to get some packages through their monthly, weekly or annually savings. Also it has an importance whereby the tycoons can acquire loans services to cater for their needs and their wants.
It also generates the revenue to the government whereby same money may make its contributions to the government and this fund in form of tax may enable the government to its development to and also to its governance and political stability. Through this the government may have ability to plan its budget well and deliver all the services the government may want to have or wish to get in a country thus bring unity and stability from different group of people.
The mutual fund has many importance whereby it brings people or rather the businessmen together and promote the art of saving in the nation thus boost the economic growth and offer employment opportunities in the government thus leading to the development of a country. The importance of saving is very important to an individual and the entire society.
Through the saving together of these money it raises the living standards of people whereby through this the people are able to increase their living standards as compared to where they were before. These can be fully achieved by lending out the interest of investors which has accumulated and through the similar fund the investors can be presented fully in other investment firms and have a healthy competition.
When the investors come together and invest their funds it brings about employment or job opportunities in the country where people may get job opportunities in the investment environment and be able to get some packages from the mutual fund and have ability to develop their standards and be able to focus for their future benefits. With unemployment the nation may lag behind and also drive away the investors who are the ambassadors of peace, stability and development of country economy.
This mutual fund may have a great significant whereby it may lead to development of infrastructure such as smooth roads which may lead to higher production activities, transport and communication networks in the country. This will boost the economy.
It encourages saving culture where by the investors can have their mind fully in saving without using the resources anyhow by scattering them anywhere. This may make them save more and spend less in their want thus encourage the culture of saving the money and expecting to get some advantages in return through their savings thus encourages saving rather than scattering of the resources and using them without any plan.
Creates an interest for the investors to save more and spend less in their needs so as to facilitate and encourage others to save the funds as they have hopes that at the end they are going to get some packages through their monthly, weekly or annually savings. Also it has an importance whereby the tycoons can acquire loans services to cater for their needs and their wants.
It also generates the revenue to the government whereby same money may make its contributions to the government and this fund in form of tax may enable the government to its development to and also to its governance and political stability. Through this the government may have ability to plan its budget well and deliver all the services the government may want to have or wish to get in a country thus bring unity and stability from different group of people.
The mutual fund has many importance whereby it brings people or rather the businessmen together and promote the art of saving in the nation thus boost the economic growth and offer employment opportunities in the government thus leading to the development of a country. The importance of saving is very important to an individual and the entire society.
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