Only The Most Financially Savvy Can Pass This Monetary Terms Quiz

What is a mutual fund?

Retry Correct Incorrect A mutual fund is a pool of money created by multiple investors to be distributed across several securities, such as stocks. A money manager allocates the funds in order to gain capitol for the investors.

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Jeffrey Greenberg/Universal Images Group via Getty Images

Jeffrey Greenberg/Universal Images Group via Getty Images

What is a mutual fund?

• Company shares given to an employee as a bonus
• A pool of money from investors towards securities
• A bank account that multiple people have access to
• A fundraiser seeking to benefit multiple companies