Mutual fund

By | 2017-09-13T15:07:58+00:00 13th September 2017|

A mutual fund, which can be also termed a ‘collective investment scheme’, is a very common investment vehicle that is made up of a pool of funds collected from multiple investors to invest in securities such as stocks, bonds, money market instruments and similar assets. Asset managers are deployed to invest the fund’s capital and attempt to produce capital gains and income for the fund’s investors. A mutual fund’s portfolio is structured and maintained to match the investment objectives stated in its prospectus.