Accountancy, asked by kapoorpranshu10, 4 months ago

Investment manager for a mutual fund trust

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Answered by XxRedmanherexX
2

Answer:

A Mutual Fund is a trust that pools the savings of a number of investors who share common financial goal, investments may be in shares, debt securities, money market securities or a combination of these. Those securities are professionally managed on behalf of the unit-holders, and each investor holds a pro-rata share of the portfolio i.e. entitled to any profits when the securities are sold, but subject to any losses in value as well.

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