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Tags: finance, financial markets
Categories: Economics & Finance
A supply of capital belonging to numerous investors that is used to collectively purchase securities while each investor retains ownership and control of his or her own shares. An investment fund provides a broader selection of investment opportunities, greater management expertise and lower investment fees than investors might be able to obtain on their own. Types of investment funds include mutual funds, exchange traded funds, money market funds and hedge funds.
(source: http://www.investopedia.com/terms/i/investment-fund.asp#ixzz2LYZGhiC0)
Synonyms:
hedge fund
