[Kayla007]

OK.
I'm young and I'm just trying to understand my stocks a little better I have had my money in stocks for over 16 years, the 1st person I had my money invested in did absolutely nothing made me like 5 dollars in the 15 years I had my money with him, and now I have my money invested with a different company. I have let my mother handle this all up until now, as of today and now I would like to know a bit more about how this all works I have all of my money invested in as my statement says under equity mutual funds...

MAC CUNDILL VAL CL-SCS

Can any one tell me what that is?

Thank you very much
Kayla

[ebaines]

I found a reference to a mutual fund called: Ivy Cundill Global Value Fund -could that be it? It's brand new, and so has no historical performance data.

What company is your money invested with?

[ScottGem]

An equity mutual fund is one primarily invested in company stock. Public companies sell stock as a way of generating capital. A share of stock represents a partial ownership of the company. The value of a company's shares goes up and down depending on several factors.

Mutual funds are a way for smaller investors to diversify their investments. Rather than you buying a few shares of a dozen different stocks the mutual fund pools the money of a large group of investors and purchases larger blocks of a number of different stocks.

Mutual fund managers spend all day, buying and selling stocks to make the most for the investors. The performance of a mutual fund is tied largely to the skill of its manager.

I would look more closely at what happened with your previous manager. Depending on when you divested, such a small gain might indicate fraud.