Mutual Funds

Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. Managed by professional portfolio managers, mutual funds offer investors access to a broad range of assets without having to buy individual securities themselves. They are commonly categorized into types like equity, bond, or balanced funds based on the underlying investments. Mutual funds provide diversification and professional management but often come with management fees and can only be traded at the end of the trading day at the fund’s net asset value (NAV).