Mutual funds are a product of an investment manager company. It is the investment manager who regulates the portion of placements in the money market, stocks or debt securities. They also determine the composition of the shares purchased.

Like instant noodles, this investment company is the producer. Well, mutual funds are instant noodles. Instant noodles have various flavors and types. Some are boiled, some are fried. There are soto flavors, chicken flavors, and other flavors. Some are made from wheat flour, some are made from rice flour.

Likewise mutual funds. One investment manager does not only mix one type of mutual fund, there are many concoctions, with different compositions. Investors then choose which product to buy. Well, various types of mutual fund variants are sold through banks, insurance companies, to online sites.

Unlike instant noodles, which can differ in prices from one store to another, mutual funds are sold at the same price at different sales agents. So, it's not a matter of buying mutual funds anywhere, in any bank, or on any site. What must be the concern of Endang is what product and investment manager mix should he choose.