Mutual funds are very popular. What do they do? What different types of mutual funds are there?
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Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...
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Mutual funds pool investors money and buy a collection of stocks or bonds Some are narrowly defined ...View the full answer
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Related Book For
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
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