Mutual Funds

A mutual fund is a pool of money provided by individual investors, companies, and other organizations. A fund manager is hired to invest the monies the investors have contributed. The goal of the manager depends upon the type of fund; for example, a fixed-income fund manager would strive to provide the highest yield at the lowest risk.

Mutual Funds are a great way to invest for:

• A person just starting his first portfolio.
• A person looking to diversify his portfolio but has a little amount to invest. .

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