4 Reasons mutual funds may work for you
Mutual funds are owned by about 71 million American households.1 But are they right for you? A mutual fund is a diversified portfolio of investments, such as stocks or bonds, managed by a professional investment manager or team of managers. When you buy shares of a mutual fund, you are essentially buying a piece of its entire portfolio.
Mutual funds may provide an opportunity to diversify your portfolio with less investment cost.