A mutual fund is an investment fund that’s managed by professional fund managers. It pools the money from numerous investors into one single fund to increase their buying power and purchase securities.
These may be everyday, individual people investing their own money – otherwise known as retail investors. They may also be professional investment institutions – otherwise known as institutional investors.
Mutual funds have advantages and disadvantages compared to direct investing in individual securities – which we’ll dive into on the free FlashCourse app for iOS and Android.
Fun with Mutual Funds
Chapters In This Course Include…
- Mutual Fund Basics
- Creating a Fund
- The Fund Market
- Stock Funds
- Bond Funds
- Money Market Funds
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