Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. They are managed by professional fund managers who make decisions about how to allocate the fund's assets in order to achieve the fund's investment objectives.
Mutual funds are a popular choice for investors seeking diversification, professional management, and convenience. It's important for investors to carefully evaluate mutual funds based on their investment goals, risk tolerance, fees, and performance history before investing.
