SHARE MARKET TERMINOLOGY
What is Mutual funds Definition And Meaning
Type of investment operated by an investment company that raises money from shareholders and invests it in a portfolio of stocks, bonds, or other securities. These funds offer investors the advantages of diversification and professional management. For these services they typically charge a management fee, which must be disclosed in the prospectus. Each mutual fund has its own investment objectives and strategies.
What is Mutual funds Definition And Meaning
Type of investment operated by an investment company that raises money from shareholders and invests it in a portfolio of stocks, bonds, or other securities. These funds offer investors the advantages of diversification and professional management. For these services they typically charge a management fee, which must be disclosed in the prospectus. Each mutual fund has its own investment objectives and strategies.
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What is Mutual funds Definition And Meaning
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