Mutual
funds
definition
A mutual fund is a professionally managed
investment fund that pools money from
many investors to purchase securities.
A Mutual fund has a number of investors with
one common investment objective (which is to
make money that is). This money is then
invested into bonds, equities and other
securities, the income that is generated is
then distributed proportionately amongst
investors
A better understanding
functions
Raises money by selling its own shares to investors
to pool money to purchase a portfolio of stocks,
bonds.
This is the
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