Mutual Funds

One of the easiest investments you can make, a mutual fund is managed by an investment company that invests money belonging to a large number of shareholders in a selection of various assets–in accordance with its stated objective . Mutual fund shares are purchased and redeemed upon demand, based on the fund’s net asset value determined at the end of each trading session. The primary advantage to investing in a mutual fund is that you automatically achieve a diversified portfolio that is managed by professionals whose advice and expertise you might not otherwise be able to afford.