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Mutual Fund
A mutual fund pools money from many investors and invests it according to a stated objective.
A learner who cannot research many stocks may use a diversified fund aligned to a goal.
Modern mutual funds grew as a regulated way for small investors to access professionally managed portfolios.
Definition
A mutual fund pools money from many investors and invests it according to a stated objective.
Case Study
A learner who cannot research many stocks may use a diversified fund aligned to a goal.
Historical Reference
Modern mutual funds grew as a regulated way for small investors to access professionally managed portfolios.