Investors are then able to purchase shares of the mutual fund rather than buying individual shares of each of those companies. (aplusfcu.org)
If one can afford health insurance but chooses not to buy it, a penalty, called the «individual shared responsibility payment», may need to be paid. (politics.stackexchange.com)
If you do it with an ETF, you'll buy individual shares in the pool since ETFs are bought and sold on an exchange just like stocks. (moneysense.ca)