Answer:
Mutual Fund
Step-by-step explanation:
A mutual fund is invested by managers in diversity of stocks, bonds and other securities. Mutual fund is an investments that help you grow your money to bigger value. Your money will be used to invest in some companies, products and services to be able to gain more.
It is an investment programmed funded by share holders that trades in diversified holdings and is professionally managed. It pols money from many investors to purchase securities. These investors could be institutional or retail in nature.
