A mutual fund company is an investment company that
receives money from investors for the sole purpose to invest stocks,
bonds, and other securities for the benefit of the investors. A mutu
inal fund is the portfolio of stocks, bonds, or other securities
thatMutual funds are generally safer, but less profitable, than stocks,
and riskier, but more profitable than bonds or bank accouan vary widely,
depending on nts, although its profit-risk profile cthe fund's
investment objective.Most mutual funds are open-end funds, which sells
new shares continuously or buys them back from the shareholder (redeems
them), dealing directly with the investor (no-load funds) or through
broker-dealers, who receive the sales load of a buy or sell order. The
purchaseC price is the net asset value (NAV) at the end of the trading
day, which is the total assets of the fund minus its liabilities divided
by the number of shares outstanding for
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