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Let's dive into the world of finance and explore the intricacies of Nasdaq stock symbols. These symbols are used to identify mutual funds, which are investment vehicles that pool money from multiple investors and invest it in a diverse portfolio of assets. This allows individuals to access a variety of stocks, bonds, and other securities without directly purchasing them. So next time you see a Nasdaq stock symbol with a mutual fund designation, you'll know that it represents a collective investment opportunity.
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