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Mutual funds are a popular way to invest, and if you have a 401 (k) or other workplace retirement plan, you probably own some. But mutual funds can be misunderstood. Here are four common...
You can buy a mutual fund for nearly any type of investment, from small stocks in emerging countries to health care stocks to long-term bonds.
A mutual fund is a type of investment consisting of stocks, bonds or other securities. The benefits of mutual funds include professional management and built-in diversification.
The first introduction of a mutual fund in India occurred in 1963, when the Government of India launched the Unit Trust of India (UTI). [1] Mutual funds are broadly categorised into three segments: equity funds, hybrid funds, and debt funds.
As of 2019, Capital Group had 36 mutual funds, which operate under their American Funds banner and had about US$1.9 trillion under management. Growth Fund of America, founded in 1973, was the largest actively-managed fund as of 2020 with around $150 billion.
The Fidelity Magellan Fund (Mutual fund: FMAGX) is a U.S.-domiciled mutual fund from the Fidelity family of funds. It is perhaps the world's best-known actively managed mutual fund, known particularly for its record-setting growth under the management of Peter Lynch from 1977 to 1990.
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