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InterviewSolution
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Do You Know What A Mutual Fund Is? |
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Answer» Mutual fund is a VEHICLE to mobilize moneys from investors, to invest in DIFFERENT markets and securities, in line with the INVESTMENT objectives agreed upon, between the mutual fund and the investors. In other words, through investment in a mutual fund, a small investor can avail of professional fund management SERVICES offered by an asset management company. Mutual fund is a vehicle to mobilize moneys from investors, to invest in different markets and securities, in line with the investment objectives agreed upon, between the mutual fund and the investors. In other words, through investment in a mutual fund, a small investor can avail of professional fund management services offered by an asset management company. |
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