|
View story
What is a Mutual Fund
http://mutualfundexplorer.com/what-is-a-mutual-fund
Submitted by
danielcraddock
28 months, 2 weeks, 4 days, 12 hours agoWhat is a Mutual Fund? As defined by Wikipedia, “a Mutual fund is a professionally managed type of collective investment scheme that pools money from many investors and invest it in stocks, bonds, shorter money market instruments and / or securities.” There are many others that change the wording around but all mean the same thing in that a large group of people who want to invest join together and make an investment for mutual gain or loss.
| |
© coRank 2007-2010