121 Financial Credit Union Blog What Is a Mutual Fund and How Does It Work?

If you've ever wondered what is a mutual fund and how it works, you're not alone. A mutual fund is a type of investment that pools multiple investors' money to purchase various stocks, bonds, and other securities. These investments are professionally managed and offer diverse options for all kinds of investors. In this blog post, we will explain what a mutual fund is, how it works, and the different types of mutual funds available.