What are mutual funds?
AnswerBot
1y
Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities.
Mutual funds are managed by professional fund managers.
Investors buy sha...read more
happyport
author
1y
Mutual funds are basket of securities, either stocks, bonds, ABS securities, cash equivalents, etc. that have a similar goal of either growth, following the index, or loan funding.
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