Learn about investing in North America.
Mutual funds are investment vehicles that pool money from many investors to purchase a diversified portfolio of stocks, bonds, or other assets. They are managed by professional fund managers who make investment decisions on behalf of the fund's investors. This diversification helps to reduce risk compared to investing in individual securities.
In North America, mutual funds are a popular choice for both novice and experienced investors looking to grow their wealth over the long term.
Like all investments, mutual funds carry risks. These include market risk (the possibility that the overall market will decline), interest rate risk (for bond funds), and management risk (the possibility that the fund manager's decisions will underperform). It's essential to understand these risks before investing.