The fund now requires that each new host be interviewed and give references.

The funds usually require a $5,000 minimum investment, although a few cost as little as $2,000.

Mutual funds require less watching, but their management fees can be hefty.

Thus, passively managed funds require little research or trading activity.

The funds are open to new investors, have at least $100 million in net assets and require no more than a $5,000 initial purchase.

The fund will require countries applying for grants to do three things: *Buy the lowest-price drug.

Mutual funds still do not require the immense capital of, say, manufacturing.

However, the funds require to be met from a virtually static budget.

"Mutual funds require study just like stocks and bonds," he said.

The funds required for this task need to be anchored in the budget accordingly.