Written by A mutual fund is an investment vehicle that pools money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. Each investor owns shares in the fund, which represent a portion of the underlying assets. Mutual funds are managed by professional portfolio managers who make decisions about which securities to buy and sell. Mutual funds are a popular choice for investors because they offer diversification, professional management, and are generally more accessible than buying individual stocks or bonds.
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