An investment company that sell shares to individuals and then invests the proceeds in stocks or bonds is called a

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A mutual fund is an investment company that pools money from multiple investors and then invests the funds in a variety of financial assets such as stocks, bonds, and other securities. The investors receive a share of the returns earned by the mutual fund in proportion to their investment. Mutual funds allow individuals to diversify their investments and benefit from professional management.

An Investment Company That Sell Shares to Individuals and Then