What type of mutual funds would not be good for long-term investors? Can you find a specific one and explain why it would be a mistake for a long-term investor to buy it?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter15: Mutual And Exchange Traded Funds
Section15.3: Mutual Fund Investing Fees And Charges
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What type of mutual funds would not be good for long-term investors? Can you find a specific one and explain why it would be a mistake for a long-term investor to buy it?

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