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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.
Mutual funds are a good investment tool for beginner investors since they are affordable and accessible. Investors should choose a mutual fund based on their financial goals and desired level...
Here’s what differentiates a mutual fund from an ETF, and which is better for your portfolio. Mutual funds vs. ETFs: Similarities and differences
An index fund (also index tracker) is a mutual fund or exchange-traded fund (ETF) designed to follow certain preset rules so that it can replicate the performance ("track") of a specified basket of underlying investments. [1]
A "fund of funds" ( FOF) is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or other securities. This type of investing is often referred to as multi-manager investment.