1 Answers: Can you withdraw money from a mutual fund without penalty?
My question is Can I withdraw money from a mutual fund without any kind of penalty?
in progress 0Mutual Funds 4 years 1 Answer 569 views 0
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Answer ( 1 )
usually if you invest in a mutual fund it must reach maturity, if you pull out early you may not get any returns, only whatever you put in.
If the mutual fund has in fact lost money you will only get back your money, minus the losses incurred.
There are also fees you will need to pay too.
I am not fond of mutual funds, far better is a good ETF investment.