BANKING AFFAIRS

Detailed explanation-1: -A mutual fund is a pool of money managed by a professional Fund Manager. It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments and/or other securities.

Detailed explanation-2: -Pooled funds are investment vehicles such as mutual funds, commingled funds, group trusts, real estate funds, limited partnership funds, and alternative investments. The distinguishing feature of a pooled fund is that a number of retirement boards or investors contribute money to the fund.

Detailed explanation-3: -A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio.

Detailed explanation-4: -ETFs-Another Way To Diversify Similar to mutual funds, ETFs allow investors to pool their money when investing in stocks, bonds or other assets. However, ETFs differ from mutual funds in that they are traded on the national stock exchange at market prices.

Detailed explanation-5: -The investment pools aggregate, or pool, donations from many different Giving Accounts and invest those assets in an underlying investment(s). The investment pools typically invest in mutual funds, which are professionally managed and diversified across many different holdings. Not a Fidelity Charitable donor yet?