kashmoney6891 kashmoney6891
  • 25-09-2019
  • Social Studies
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They are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter.

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looringhighjump
looringhighjump looringhighjump
  • 09-10-2019

Answer: Mutual Funds

Explanation:

Mutual funds are a kind of financial agency constituted of a pool of capital gathered from several investors to buy securities such as stocks and bonds. A mutual fund is run by a manager who allocates the fund's capital to make investors´ money grow, so every shareholder shares both the profits or losses of the fund. Each mutual fund has specific investment objectives.

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