What is Mutual Fund?

The best description of mutual fund I found in the net is from About.com.

A mutual fund is simply a financial intermediary that allows a group of investors to pool their money together with a predetermined investment objective. The mutual fund will have a fund manager who is responsible for investing the pooled money into specific securities (usually stocks or bonds).

When you invest in a mutual fund, you are buying shares (or portions) of the mutual fund and become a shareholder of the fund. Mutual funds are one of the best investments ever created because they are very cost efficient and very easy to invest in (you don't have to figure out which stocks or bonds to buy).

If you would like to know the history of mutual funds, click here.

If you would like to know the best performing Philippine Mutual Funds, click here.

If you would like to know where to start, let me know so we can talk more. I am happy to provide you a FREE personal financial savings strategy.

But of course, if you are generous you can buy me a great book or a cute bookmark. It makes us both happy.

Be a shareholder,