Mutual fund

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Revision as of 08:17, 22 August 2013 by imported>Doug Williamson (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.

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