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Yes, a mutual fund is a valuable tool for novice investors because they do not have much experience in Stock Market investments and they don't know when to buy or sell shares. But mutual funds are managed by experienced fund managers so they can do the best with your investment and give you very good returns.

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14y ago

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What was the PX Washington Mutual Investors Fund?

It was a mutual fund managed for principal growth


What are people who invest in mutual funds called?

They are called Mutual Fund Investors or Mutual Fund Unit Holders.


What is a mutual fund's objective?

The objective of a mutual fund is to pool in money from investors and use it to invest in investment vehicles thereby trying to generate profit for the investors and use the same to profit the company that runs the Mutual fund.


Was the Massachusetts Investors Trust the first American open-end mutual fund?

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What mutual funds?

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What was the first American open-end mutual fund?

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Summary for mutual fund awareness?

Mutual Fund An investment vehicle which is comprised of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market securities and similar assets. Mutual funds are operated by money managers, who 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. Reliance Mutual Fund can be taken as an exemplary outstanding Mutual funds available at present.


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The mutual fund industry experienced explosive growth in the 1980s and early 1990s, as investors transferred assets from other financial sectors into mutual funds


When was the first American open-end mutual fund established?

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Mutual fund manager?

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