With Mutual Funds, investors can open Mutual Fund accounts and comfortably expect experts to deliver good outcomes. Thus, Mutual Funds give small or individual investors access to professionally managed portfolios such as equities, bonds, Treasury bills, and other securities. This is a simplified illustration of how Mutual Funds make their money or produce capital gains or income for the Fund's investors and themselves. OBJECTIVES OF A MUTUAL FUNDTypically, a Mutual Fund aims to increase income, either through aggressive stock investments or through more conservative Treasury bills investments. A Money Market Fund is a type of Mutual Fund that invests in cash and low-risk, short-term debt securities.
Source: GhanaWeb April 04, 2021 09:00 UTC