Terms Beginning With 'm'

Mutual fund

  • January 22, 2020
  • Team Kalkine

A mutual fund is a financial security vehicle that facilitates the investors to pool their money together into one professionally managed investment portfolio such as stocks, bonds, money market instruments and short-term debt. A mutual fund comprises of a portfolio operated by professional money managers, which is designed and sustained to match the investment objectives pre-defined in its prospectus.

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