Question: What is a mutual fund? A fund that uses two sources of money for its investments - 1) a mutual savings bank, AND 2) investor

What is a mutual fund? A fund that uses two sources

What is a mutual fund? A fund that uses two sources of money for its investments - 1) a mutual savings bank, AND 2) investor money A fund that invests in only private companies. A fund that invests in only mutual insurance companies. a fund that uses a pool of investor money to invest in a variety of stocks and/or bonds

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