What Are Money Market Funds?

What Are Money Market Funds?

Have you heard about mutual funds? These are the funds that are managed by professional, full-time money managers. A mutual fund is a collection of money (including your money and others) that is used to purchase a variety of assets. In return, the profits are distributed back to the investors. With its low cost and great gains, investing in mutual funds can be a good start in the world of investments.

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