Bond mutual funds are pools of money deposited by individual shareholders, collectively invested in
bonds by professional money managers.
Not exact matches
Mutual funds are a great way for investors to gain exposure to many different stocks,
bonds and other asset classes in a single, diversified portfolio that is run
by a
professional money manager.
+ read full definition fund that holds a collection of investments, such as stocks or
bonds owned
by a group of investors and managed
by a
professional money manager.