Ask Question
28 December, 15:15

They are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter.

+3
Answers (1)
  1. 28 December, 15:41
    0
    Answer: Mutual Funds

    Explanation:

    Mutual funds are a kind of financial agency constituted of a pool of capital gathered from several investors to buy securities such as stocks and bonds. A mutual fund is run by a manager who allocates the fund's capital to make investors' money grow, so every shareholder shares both the profits or losses of the fund. Each mutual fund has specific investment objectives.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “They are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers