Mutual Fund: Definition And Type
Mutual funds ( mutual funds ) is a collection of funds from the community, the investors or the investors to be managed by the Investment Manager and invested in various types of securities investment portfolio or other financial products. According to the financial dictionary, the Investment Fund is identified as a portfolio of diversified financial assets, listed as an open investment company, selling shares to the public with the offer price and withdrawal at the price of its net asset value. Type of mutual fund based on the nature of the investment: • Growth Fund: This mutual fund has an investment portfolio that aims to achieve high-profit growth. This type of investment has a fairly high volatility, such as investing in stock instruments. • Stable Fund: This mutual fund focuses on the type of investment portfolio that aims to achieve stable profit growth. The type of investment has a somewhat less volatile nature, such as investment in bond instruments. • Safty Fund: This ...