MUTUAL FUND
A mutual fund is an investment vehicle made up of a pool of monies collected from many investors for the purpose of investing in securities such as stocks, bonds, money instruments and other assets. They are operated by professional money managers, who allocate the fund’s investments and try to produce capital gains for the fund investors. Mutual funds pool money from the investing public and use that money to buy other securities, usually stocks and bonds. The value of the mutual fund company depends on the performance of the securities it decides to buy. So when one buys a share of a mutual fund, one is actually buying the performance of its portfolio. Investdata Academy [6/6, 12:47] Investdata 2: *Ultimately, Your Success in Stock Market boils down to your ability to do this...* I’ve faced many trials in life – business failures, personal distress, even loss of money. Yet, I’ve always managed to not only overcome them, but have even fashioned a lif...