Mutual funds; stocks; bonds
Further Explanation:
<u>A Mutual fund is a kind of financial vehicle that consists a pool of money which is collected from investors all around in order to invest their money in securities such as stocks, Bonds and other assets.</u> These funds are generally managed and taken care of by professional money managers and these money managers allocate the assets of the funds in order to produce capital gains for the investors. By investing in mutual funds an investor gets the access to professionally manage the equity, bonds as well as other monetary securities.
A Mutual fund is simply defined as a type of investment module which contains a portfolio of stocks as well as bonds. Annual fee is charged on these mutual funds and this annual fee is known as expense ratios. <u>Many a times, Money managers also charge commission to manage a mutual fund portfolio or to suggest the bonds or stocks where money can be invested and they charge a little amount for their service. </u>
Learn More:
1. According to Roger Williams, how did the English usually justify their attacks on the Indians?
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2. Which similar challenge did china and Japan face following the Sino-Japanese war?
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Answer Details:
Grade: High School
Chapter: Mutual Funds
Subject: Economy
Keywords:
Mutual Funds, Economy, Stocks, Bonds, Money Managers, Annual fee, Portfolio, Investment, investors.