1/17/2024 0 Comments Investing money for beginners![]() Only authorized participants (financial institutions who double as broker-dealers) own direct shares of these investment funds. Exchange traded funds (ETFs), like mutual funds, are invested in stocks, bonds, money-market funds or other securities or assets, but investors don’t own direct shares of these funds.When you buy a mutual fund share, you own a piece of the fund’s investment portfolio. Mutual funds are investment funds that take money from many investors and put it into stocks, bonds, money-market funds or other securities or assets.They’re known as fixed income instruments because typically they pay out a regular (fixed) amount (income) to investors. ![]()
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