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How many types of segments in the mutual fund industry?
There are two segments into the mutual fund industry: long-term funds and short-term funds. In Long-term funds bond funds (funds which consist of fixed-income debt securities), equity funds (funds which consist of stock securities) and hybrid funds (funds which consist of both stock and debt securities). Short-term funds are signified by money market mutual funds, funds which consist of various mixes of money market securities and partially permit shareholders to write cheques in opposition to the value of their holdings: the presence of deposit-type accounts creates money market mutual funds to any extent same to depository institutions.
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Banks and brokerage firms are measured financial centers
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