What is a mutual fund?(1 point)

Responses

a loan made from an investor to an entity for a specific time period at a fixed interest rate
a loan made from an investor to an entity for a specific time period at a fixed interest rate

a pool of money that is collected by an investment firm and invested
a pool of money that is collected by an investment firm and invested

a share of ownership in a public company
a share of ownership in a public company

portion of an individual’s savings set aside for unexpected future expenses
portion of an individual’s savings set aside for unexpected future expenses
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1 answer

a pool of money that is collected by an investment firm and invested.