What are the characteristics of mutual funds?
Mutual fund is one of the leading investment tools preferred by many investors. A mutual fund can invest to stocks, bonds, money market instruments at the same time. The funds are collected from many investors and invested to many assets. The characteristics of mutual funds are;
- diversification of risks
- diversification of assets
- providing investment with small amounts
- having professional management
- having high liquidity
- not a legal entity
- having no dividend payments
- safe and transparent
