close
    what is mutual fund

    0  Views: 470 Answers: 1 Posted: 12 years ago

    1 Answer

    What Does Mutual Fund Mean?


    An investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds are operated by money managers, who invest the fund's capital and attempt to produce capital gains and income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.


    Investopedia explains Mutual Fund


    One of the main advantages of mutual funds is that they give small investors access to professionally managed, diversified portfolios of equities, bonds and other securities, which would be quite difficult (if not impossible) to create with a small amount of capital. Each shareholder participates proportionally in the gain or loss of the fund. Mutual fund units, or shares, are issued and can typically be purchased or redeemed as needed at the fund's current net asset value (NAV) per share, which is sometimes expressed as NAVPS.


     



    Top contributors in Investing category

     
    Chiangmai
    Answers: 63 / Questions: 3
    Karma: 1485
     
    ROMOS
    Answers: 34 / Questions: 0
    Karma: 1395
     
    Benthere
    Answers: 3 / Questions: 0
    Karma: 1320
     
    Colleen
    Answers: 77 / Questions: 0
    Karma: 1305
    > Top contributors chart

    Unanswered Questions

    asdasd
    Answers: 0 Views: 5 Rating: 0
    Making a Hero Nursing Individual Decree
    Answers: 0 Views: 8 Rating: 0
    Nhacaiuytin01
    Answers: 0 Views: 9 Rating: 0
    Win456 Biz
    Answers: 0 Views: 9 Rating: 0
    23hi
    Answers: 0 Views: 12 Rating: 0
    Xoilac TV 8 Co
    Answers: 0 Views: 13 Rating: 0
    Xoilac TV 8 Co
    Answers: 0 Views: 11 Rating: 0
    > More questions...
    452204
    questions
    719678
    answers
    753683
    users