A <u>Mutual Fund</u> is invested by Managers in a diversity of stocks bonds and other securities.
A mutual fund is a type of investment in which investors pool their money together to buy a portfolio of stocks, bonds or other securities in order to take advantage of diversification and professional portfolio management at a reasonable cost. It is operated by money managers, who invest the fund capital on the investors behalf. Investing in mutual funds enables those investing a modest amount of money to benefit from the same advantages enjoyed by large institutional investors....
