Mutual Funds and The Stock Market Game. What is a Mutual Fund?.
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A mutual fund is a collection of stocks, bonds and other securities owned by a group of investors and managed by a professional investment advisory firm. This investment advisor (also called the mutual fund’s manager) collects money from many investors and invests the pool of money for all of them.
There are many types of mutual funds:
A mutual fund investor can make money in several ways:
Teachers can incorporate mutual funds into The Stock Market Game by talking about two important goals:
U.S. Retirement Assets Year-End 2006: