EarthYP Edge Conference in Maui, Hawaii

2927 Colby Ave
Everett, WA 98201
(425) 258-6434

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Mutual fund
From Wikipedia, the free encyclopedia
A mutual fund is an open-end professionally managed investment fund that pools money from many investors to purchase securities. Mutual funds are "the largest proportion of equity of U.S. corporations." Mutual fund investors may be retail or institutional in nature. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital') and open-ended investment company (OEIC) in the UK. Mutual funds have advantages and disadvantages compared to direct investing in individual securities. The advantages of mutual funds include economies of scale, diversification, liquidity, and professional management. However, these come with mutual fund fees and expenses.
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EarthYP Edge Conference in Maui, Hawaii