What are mutual funds?

Question

Accepted Answer

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 shares of the mutual fund, which represent their ownership in the fund's assets.
Mutual funds offer diversification by investing in a variety of stocks, bonds, or other securities.
They provide an opportunity for small investors to access professionally managed portfolios.
Mutual funds can be categorized into equity funds, bond funds, money market funds, etc.
They are regulated by government authorities to protect investors' interests.
Examples of mutual fund companies include Vanguard, Fidelity, and BlackRock.

Top HR questions asked in Invesco Asset Management Client Reporting Administrator