U.S. Securities & Exchange Commission
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U.S. Securities and Exchange Commission

Mutual Fund

A mutual fund is a company that brings together money from many people and invests it in stocks, bonds or other assets. The combined holdings of stocks, bonds or other assets the fund owns are known as its portfolio. Each investor in the fund owns shares, which represent a part of these holdings.

Please read our publication "Invest Wisely: An Introduction to Mutual Funds" to learn how mutual funds work, what factors to consider before investing, and how to avoid common pitfalls.

The U.S. Securities and Exchange Commission does not guarantee the appropriateness, fitness, or suitablility of any mutual fund and makes no investment recommendations of any kind.


Modified: 10/17/2005