Low awareness of mutual funds among investors hindering financial growth
The study looked at how well people understand mutual fund investments. It found that investors in Saudi Arabia have low awareness about mutual funds. The researchers surveyed 60 people who had never invested in mutual funds. They found that factors like low-risk funds and easy access to money influenced people's decisions to invest in mutual funds. The study suggests that more education is needed to help investors make better choices when it comes to mutual fund investments.