The meaning of mutual fund and ETFs and difference between mutual fund and ETFs. Introduction: Mutual fund refers to the pooling of money from investors with the sole motive of investing in different kind of securities. Mutual funds give chance to small investor to invest in security with professional expertise.

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Chapter 19.8, Problem 15TP

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To determine: The meaning of mutual fund and ETFs and difference between mutual fund and ETFs.

Introduction: Mutual fund refers to the pooling of money from investors with the sole motive of investing in different kind of securities. Mutual funds give chance to small investor to invest in security with professional expertise.

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