A private investment firm that holds a portfolio of securities is called a mutual fund.

Name: A private investment firm that holds a portfolio of securities is called a mutual fund.
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A mutual fund is a type of investment vehicle that pools money from multiple investors to purchase securities such as stocks, bonds, and other financial assets. The fund is managed by a professional investment firm or portfolio manager who makes investment decisions on behalf of the investors.

A Private Investment Firm That Holds a Portfolio of Securities