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A mutual fund company is an investment company that receives money from investors for the sole purpose to invest stocks, bonds, and other securities for the benefit of the investors. A mutu inal fund is the portfolio of stocks, bonds, or other securities that generate profits for the
or shareholder of the mutualA mutual fund allows an investor with less money to diversify his holdings for greater safety and to benefit from the expertise of professional fund o receive the sales load of a buy or sell order. The purchaseC price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that
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