What is a mutual fund?

A pool of money invested in many securities.

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  1. A single company's private loan
  2. A government retirement account
  3. A pool of money invested in many securities ✔

Why: A mutual fund pools money from many investors to buy a diversified mix of investments.

Huh, didn't know that: A mutual fund pools money from many investors to buy a diversified mix of investments.

The dad joke
Many hands make a fund light.
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References

Answer: A pool of money invested in many securities. A mutual fund pools money from many investors to buy a diversified mix of investments.

  1. Scouting America: Personal Management www.scouting.org/merit-badges/personal-management
    Mutual funds
    Checked 2026-11-07.

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