Series 79: Mutual Funds

Taken from our Series 79 Top-off Online Guide

Mutual Funds

Mutual funds are professionally managed funds, operated by an investment company, that pool together capital from many investors and invest it on their behalf. The investment company charges a fee for this service. Mutual fund shares are redeemable on demand.

Most mutual funds concentrate on stock, but they may also invest in debt, derivatives, currencies, precious metals, or other types of assets or financial instruments. In terms of investmen

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