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Mutual funds may be classified based on the securities they invest in. Visit https://www.investmentz.com to know more!
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A mutual funds investment is an investment scheme that pools money from investors and uses it to invest in a wide range of securities. Mutual funds investment plans may include investments in one or more types of securities such as stocks, bonds, currencies, money market instruments etc. The different securities in a mutual funds investment combine to form its ‘portfolio’. Every investor owns a share or ‘unit’ of each security in a mutual funds investment. What are mutual funds investments?
TYPES OF MUTUAL FUNDS • Mutual funds may be classified based on the securities they invest in. Some types ofmutual funds include: