Mutual fund definition

A mutual fund is an investment fund of pooled money from many investors.

Mutual fund definition

A mutual fund is an investment fund of pooled money from many investors.

Typically, a professional fund manager will invest the money in a diverse portfolio of holdings that is based on the fund’s stated investment objectives, in an attempt to generate growth through capital gains and/or income from dividends or interest. Mutual funds give individual investors one way of accessing managed and diversified portfolios of financial securities like stocks, bonds, or property.

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