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Ginnie Mae mutual fund |
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Ginnie Mae mutual fund A mutual fund that invests exclusively in mortgage-backed securities issued by Ginnie Mae. The returns on Ginnie Mae mutual funds vary according to the interest rates currently being paid on the mortgages underlying the MBSs. Ginnie Mae mutual funds are relatively low-risk, as Ginnie Mae mortgages are guaranteed or insured by various branches of the U.S. government. Additionally, each mutual fund contains many Ginnie Mae mortgages, reducing the investor's exposure to prepayment risk. Some buy shares in Ginnie Mae mutual funds simply because they are available in smaller denominations than the individual MBSs underlying them. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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But some of the risks can be mitigated by investing in Ginnie Mae mutual funds that have a good track record, are professionally managed and offer diversified exposure and low fees," Ballantine explains. But some of the risks can be mitigated by investing in Ginnie Mae mutual funds that have a good track record, are professionally managed, offer diversified exposure and low fees," Ballantine explains. |
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