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meaning:
In layman’s terms , this is a pile of money that comes comes from a lot of investor like you and is then invested in assets like stocks and bonds.A mutual fund may hold hundred of stocks with the cases money manager make buy and sell decision for mutual fund.
A mutual fund is a pool of money from numerous investors who wish to save or make money just like you. Investing in a mutual fund can be a lot easier than buying and selling individual stocks and bonds on your own. Investors can sell their shares when they want.
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