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mu·tu·al fund
/ˈmyo͞oCH(əw)əl ˌfənd/noun
- 1. an investment program funded by shareholders that trades in diversified holdings and is professionally managed. North American
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A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.
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.
A mutual fund pools money from many investors and invests it in securities such as stocks, bonds and other assets. The combined holdings of the mutual fund are known as its portfolio.
6 Main Types of Mutual Funds. There are six major types of mutual funds: stock funds, bond funds, money market funds, index funds, sector funds and balanced funds. Read on to learn about each type.
An investment fund may be held by the public, such as a mutual fund, exchange-traded fund, special-purpose acquisition company or closed-end fund, or it may be sold only in a private placement, such as a hedge fund or private equity fund.
How To Invest Your Tax Refund and Other Financial Windfalls Wisely This Yearaol.com
An exchange-traded fund ( ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. [1] [2] [3] ETFs own financial assets such as stocks, bonds, currencies, debts, futures contracts, and/or commodities such as gold bars. Many ETFs provide some level of diversification compared to owning an ...