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Mutual Funds
Mutual funds represent groups of investors who assign a professional investment manager (also known as the mutual fund) to invest in diversified securities; whereas individuals invest in individual securities, mutual funds allow individuals to invest in many securities through a single investment, offering diversification, professional management, and cost efficiency for the individual investor. Mutual funds are lawful provided: 1) the mutual fund invests exclusively into lawful companies using lawful securities (see conditions for investing in stocks); 2) the investor invests directly into companies, not just ...
 


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