A mutual fund is an investment company that pools the money of many investors and determines an investment strategy that fits with the goals of the fund.
Mutual funds sell shares to the public.
There are many benefits to investing in mutual funds, as listed below. You can buy different securities . By pooling, or gathering, money from many people, a mutual fund can help people by buying and selling many different securities. A mutual fund can help reduce your risk. It would be very expensive for a person to buy so many stocks and bonds by themselves, so instead, they can buy shares of a mutual fund.