An investment that pools together investors' money in order to buy securities in many different companies or governments is a ___________.

Question

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A mutual fund is a type of investment vehicle that pools together money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. The goal is to provide investors with broad market exposure and the potential for long-term capital appreciation. A commercial fund refers to any fund operated by a commercial bank or other financial institution, which may or may not be a mutual fund. A holding company is a type of company that owns other companies' outstanding stock. The Public Investment Corporation is a South African asset manager that manages assets on behalf of the government.

An Investment That Pools Together Investors' Money in Order to Buy