A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.
The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital') and open-ended investment company (OEIC) in the UK.
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.