Mutual Funds
Mutual Funds a mutual fund is a large pool of money that investors create which is used to buy many different stocks, rather than just buying an individual stock. Because all these investors have combined their money, they can afford to buy many different stocks. A mutual fund is managed by a portfolio manager. He or she controls all of the investors’ money and invest it into a group of stocks or bonds and decides how much to invest in each stock. A mutual fund has a price, like a stock (Net Asset Value). It tells you how much one share of that mutual fund costs. When you buy stock, you have to pay a commission. However, the fees involved with investing in a mutual fund are often much less in comparison. There are currently over 6,000 mutual funds available to investors and each one has its own unique style of investi
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Approximate Word count = 572
Approximate Pages = 2 (250 words per page double spaced)
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