There is probably no adage about friendship quite as popular as "A friend in need is a friend indeed." Friendship is special, no doubt. It is often the case that your good friends will be closer to you than your family. Friendship goes beyond jokes and the hanging out. It is deeper than that, which is why this old adage resonates with so many of us. And this is the kind of bond we celebrate on the first Sunday of every August—Friendship Day.
Life, of course, has numerous ups and downs. People will always be around you when you're doing well, but it is only the true friends that will stand with you in times of adversity. That's what makes a good friend, and that is the kind of friend a mutual fund can also be. No, really. And here's why.