Mutual Fund
Pooled investment fund trading at daily NAV
What is Mutual Fund?
Mutual Fund A pooled investment vehicle that collects money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities. Unlike ETFs, mutual funds trade only once per day at the closing NAV. Options are not available on mutual funds directly.
Complete Definition
A pooled investment vehicle that collects money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities. Unlike ETFs, mutual funds trade only once per day at the closing NAV. Options are not available on mutual funds directly.
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