What type of mutual fund is best for me?

I'm just out of school with no debts and a decent paying job, I figure I have 4000 a year to invest what type of fund would be best for me at this time in my life. I live in Ontario,Canada if that changes anything.

This is just my personal opinion, so look at it closely.

There are better investment vehicles available than Mutual funds. About 75% of all mutual funds under perform the market. All of them have management fees and some have sales loads.

Your first option, should be to open a retirement account. This is always a good investment, regardless
of who you are.

If you have fully funded your retirement account and would like other options, you should consider a DRIP Plan.

They are seldom recommended by brokers due to the low rate of commissions received. However, these
reinvestment plans can be very powerful long-term investments. Studies have shown that DRIP's are one of
the best strategies on Wall Street.

They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan.

Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip
Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases.

These long-term plans are great for beginners as well as veterans. Check them out.

Best of Luck

i like global funds...marsico is a new one with proven managers in their specialties. There are other good ones, but that is the type i like for now..I really think this is a global marketplace

index funds or some canadian energy trust funds or gold/silver.

You mention that you are just out of school, how old are you? What type of risks are you willing to take? What type of returns are you looking for? How long are you willing to leave this money untouched? Will you faithfully invest the 4k each year? Do you have a retirement plan at work? These are all questions that would need to be answered before any type of reco can be given.