Register
What is a mutual fund
134k views
4 votes
What is a mutual fund

User Cambecc
by
4.9k points

2 Answers

3 votes
Mutual eow eieité gòïèß błack
User Kayoko
by
5.2k points
1 vote

Answer: A mutal fund is a professionally managed investment fund that pools money from many investors to purchase securities. the term is typically used in the United States, Canada, and India while simular structures across the globe include the SICAV in Europe and open-ended investment company in the UK.

Step-by-step explanation:

User Michael Bordash
by
4.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.1m questions

6.7m answers

Other Questions

Misk Co. purchased the following securities during 20X7 to be classified as held-to-maturity securities, trading securities, or available-for-sale securities: I. Debt securities bought and held for the
Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Donna's philosophy as she coordinates the marketing efforts is to keep in mind the company's overarching strategy, and to ensure that all marketing activities send a consistent message, beginning with
Brett buys a new cell phone for​ $100. he receives consumer surplus of​ $80 from the purchase. how much does brett value his cell​ phone?
Given the following income elasticities of demand: Product Income elasticity movies +3.4 Dental service +1.0 Clothing +0.5 The values indicate that movies and dental services are normal goods, but clothing
Link Copied!