An investment vehicle refers to a financial instrument or product that is used by an individual or institutional investor for the purpose of making an investment. This can include various types of assets such as stocks, bonds, mutual funds, exchange-traded funds (ETFs), real estate, and commodities among others. The term "investment vehicle" is broadly used to describe any financial product that allows an investor to put their money into a particular asset class or strategy with the goal of generating returns over time. These vehicles can be actively managed by professional fund managers who make decisions on behalf of investors, or they may be passive instruments that simply track an underlying index. Ultimately, the choice of investment vehicle depends on the investor's risk tolerance, investment goals and time horizon among other factors.