A mutual fund is an investment company that pools together the money of its shareholders, and invests it in a variety of stocks, bonds or money market instruments. A Mutual fund is usually managed by a professional fund manager, who is responsible for making investment decisions. By owning a share of a mutual fund an … Read more
A mutual fund is a professionally managed type of collective investment system that pools money from many investors and invests generally in investment securities (stocks, bonds, short-term money market instruments, other mutual funds, other securities, and/or commodities such as precious metals). Mutual funds are separated into shares and can be bought much like stocks, allowing … Read more