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What is Understanding Mutual Funds Basics about?

Mutual funds pool money from investors and invest it in a variety of securities to achieve diversification and returns. Investors own units that represent their portion of the fund. The three key entities involved are the sponsor who establishes the fund, the asset management company that invests the funds, and the trustees who hold the assets in trust. Mutual funds issue different types of schemes classified by their structure as open-ended or closed-ended, and by their objective such as growth, income, or

Author

nagpalanish

Language

EN