Mutual Funds

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Mutual Funds

When you invest in a mutual fund, you are putting your money in a pool with other investors and put your trust in a fund manager who is selecting what you invest in. To get technical, mutual funds typically refer to actively managed funds (vs. passively). They are operated by money managers who select specific securities (stocks, bonds, money market instruments, etc) and try to beat the general market. Mutual funds typically charge their investors fees for operating the fund.

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