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Mutual Fund

A mutual fund is a type of investment vehicle that pools together the money of many investors and uses that money to buy a diversified portfolio of stocks, bonds, or other securities. Mutual funds are managed by professional investment firms, which use the pooled money to create a diversified portfolio that is designed to meet the investment objectives of the fund.

Investors in a mutual fund buy shares in the fund, and the value of their investment is based on the value of the underlying securities in the fund's portfolio. Mutual funds offer investors the opportunity to diversify their investments and gain exposure to a wide range of assets without having to buy each asset individually.

There are many different types of mutual funds, including stock funds, bond funds, and money market funds, which invest in different types of securities. Mutual funds are a popular choice for investors who want professional management of their investments and diversification, but do not have the time or expertise to manage their own portfolio.

Overall, a mutual fund is a type of investment vehicle that pools together the money of many investors and uses that money to buy a diversified portfolio of stocks, bonds, or other securities. It is a popular choice for investors who want professional management of their investments and diversification.

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