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One of the easiest investments you can make, a mutual fund
is managed by an investment company that invests
money belonging to a large number of shareholders
in a selection of various assets--in accordance with its stated
objective . Mutual fund shares are purchased and redeemed
upon demand, based on the fund's net asset value
determined at the end of each trading session. The
primary advantage to investing in a mutual fund is that you
automatically achieve a diversified portfolio that is managed
by professionals whose advice and expertise you might not
otherwise be able to afford.
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