Describe mutual funds in one sentence?
Question:
Answer:
"A managed portfolio of stocks"
"A managed investment pool"
"A stock-pile of investments"
"Your stock logistics company"
"Combined investment fund/portfolio"
"Your stock manager"
"Managed investments for you"
Its funds people with mutual understanding operate for a specified investment purpose.
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Mutual fund is a diversified portfolio of different securites and a company dealing in mutual funds collect the investment and then furthur invest in different securities and generate profit which is then given to the investors furthur this fund is TAX free (need to highlight ) and there is no need to hold the investment anytime withdrawal is possible.
congrats for answering a question posted by u..
"Securities for your security"
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I better get some royalties for this!
Mutually arranged fund from many sources to do a great invest.
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