Mutual fund: Difference between revisions
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imported>Doug Williamson m (Spacing 22/8/13) |
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A pool of capital provided by small as well as institutional investors and invested in a portfolio of securities. | A pool of capital provided by small as well as institutional investors and invested in a portfolio of securities. | ||
There are two types of mutual funds: open-ended and close-ended mutual funds. While close-ended mutual funds have a predetermined amount of capital to be invested, open-ended mutual funds do not. | There are two types of mutual funds: open-ended and close-ended mutual funds. | ||
While close-ended mutual funds have a predetermined amount of capital to be invested, open-ended mutual funds do not. | |||
== See also == | == See also == | ||
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* [[Domestic fund]] | * [[Domestic fund]] | ||
* [[Global fund]] | * [[Global fund]] | ||
Revision as of 08:17, 22 August 2013
A pool of capital provided by small as well as institutional investors and invested in a portfolio of securities.
There are two types of mutual funds: open-ended and close-ended mutual funds.
While close-ended mutual funds have a predetermined amount of capital to be invested, open-ended mutual funds do not.
