Fix Pay Related Important News
Fix Pay News
A mutual fund company is an investment company that receives money from investors for the sole purpose to invest stocks, bonds, and other securitiesfor the benefit of the investors. A mutu inal fund is the portfolio of stocks, bonds, or other securities thatgenerate profits for the investor, or shareholder of Mutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund's investment objective.
Most mutual funds are open-end funds, which sells new shares continuouslyor buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order. The purchaseC priceis the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for
