A mutual fund is a professionally managed type of collective investment that pools money from many investors and invests typically in investment securities (stocks, bonds, etc.) The mutual fund will have a fund manager that trades the fund’s investments in accordance with the fund’s investment objective.
Individual mutual funds are usually part of a large company known as a mutual fund “family,” such as Fidelity, Oppenheimer, or Vanguard. Each family typically has lots of fund options to choose from.
It is important to understand the different investments in which the fund invests to help you assess their investment risk.
Rather than promoting our own mutual funds, Kensington Capital will make diversifying your portfolio easy. Get one-stop access to more than 4,500 mutual funds, including most major fund families. Our variety of mutual funds covers a wide range of objectives and goals.