NAS 2017 NI EXAM 6 MUDDAO NE DHYAN MA RAKHI NE YOJVA BABAT ELECTION DEPARTMENT NO LETTER.

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NAS  2017 NI EXAM 6 MUDDAO NE DHYAN MA RAKHI NE YOJVA BABAT ELECTION DEPARTMENT NO LETTER.


Mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. Mutual funds have advantages and disadvantages compared to direct investing in individual securities. The primary advantages of mutual funds are that they provide a higher level of diversification, they provide liquidity, and they are managed by professional investors. On the negative side, investors in a mutual fund must pay various fees and expenses. It remains unclear whether mutual fund management can reliably produce an increase in investment returns exceeding these fees and expenses.[1][2]

Primary structures of mutual funds include open-end fundsunit investment trusts, and closed-end fundsExchange-traded funds (ETFs) are open-end funds or unit investment trusts that trade on an exchange. Mutual funds are also classified by their principal investments as money market funds, bond or fixed income funds, stock or equity funds, hybrid funds or other. Funds may also be categorized as index funds, which are passively managed funds that match the performance of an index, or actively managed funds. Hedge funds are not mutual funds; hedge funds cannot be sold to the general public and are subject to different government regulations.

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