What are mutual funds What two broad categories of mutual funds exist, and how are they different Do investors select the securities the mutual fund invests in ...

Mutual funds use money from many investors to invest in portfolios of securities Mut ...

What are mutual funds? What two broad categories of mutual funds exist, and how are they different?

Question:

What are What two broad categories of exist, and how are they different? Do investors select the securities the mutual fund invests in?
Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...