What Does Mutual Funds Mean?

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What does Mutual Funds mean? Read on to discover the definition & meaning of the term Mutual Funds - to help you better understand the language used in insurance policies.

Mutual Funds

Mutual Funds

Mutually owned funds invested in diversified securities. Shareholders are issued certificates as evidence of their ownership and participate proportionately in the earnings of the fund.

We hope the you have a better understanding of the meaning of Mutual Funds.

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