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What is a mutual fund?
- A mutual fund is a well-established investment vehicle managed by portfolio managers.
- It pools capital from multiple investors to invest in various asset classes, such as equities, bonds, and money market instruments.
- The fund's holdings can include dozens of different securities, providing the benefit of diversification1 helping to spread risk.
Why invest in mutual funds?
1 Diversification does not guarantee investment returns and does not eliminate the risk of loss.
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