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Investment companies serve as financial intermediaries that pool funds from individual investors to invest in securities, providing benefits such as diversification and lower transaction costs. Mutual funds, a type of investment company, offer shares that represent ownership in a portfolio of assets and can be actively or passively managed, with their net asset value (NAV) calculated daily. The Vanguard 500 Index Fund is an example of a mutual fund that replicates the S&P 500 index, allowing investors to ga

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baongoc020205

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EN