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Investment companies are financial institutions that pool money from multiple investors to purchase a diversified portfolio of securities, such as stocks and bonds. They offer various investment products, including mutual funds, exchange-traded funds (ETFs), and closed-end funds, which allow individuals to invest in a managed portfolio. These companies are regulated by government agencies to ensure transparency and protect investors. By pooling resources, investment companies provide individuals with access to a broader range of investment opportunities and professional management.

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2w ago

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