History of Mutual Fund
Nowadays, the idea of having a mutual fund is one of the most popular ways to invest your money into stocks, bonds and other money market instruments. This investment scheme works by having different investors allocate their money into a fund wherein a fund manager or portfolio manager will work on trading the fund to attain interest. The manager is also responsible for collecting the dividends or interest earned by that fund. After collecting the dividend, each of the investors will have their share on this dividend depending on the amount of investment that they allocated for the fund.
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