You've probably seen some sort of mob movie or seen on the news where a criminal has stored money in an offshore account. You may even associate an offshore account as being something that only the rich own because they are trying to evade taxes or they just want to show off how fancy their life is by bragging about their Swiss bank account. Whatever the reason for offshore bank accounts, they are not always for criminal activity. In fact, fewer individuals use them for criminal purposes and more use them as a way to save money.

There are many frequent questions that are common about mutual funds. This is probably because mutual funds are so popular these days that many people are already investing in funds or are at least thinking about it. Below are some questions and answers:

Mutual funds have been around for a long time - since the early 1970's they have increased in popularity with each year - billions and billions of dollars are now invested in mutual funds, making them one the most popular investment vehicles.

A mutual fund (called 'unit trust' in Asia) is an investment vehicle that pools money from many individual investors. A professional fund manager invests and manages these funds into stocks, bonds and other securities.