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What are mutual funds

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Answer:

A mutual fund is an open-end professionally managed investment fund that pools money from many investors to purchase securities. Mutual funds are "the largest proportion of equity of U.S. corporations." Mutual fund investors may be retail or institutional in nature. Wikipedia

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User Mark Wragg
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Answer:

mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt.

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User Bradley Mackey
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