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31 October, 23:35

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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  1. 1 November, 00:11
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    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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