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A mutual fund is a type of investment that pools money from multiple investors and uses it to invest in a variety of stocks or bonds from all over the world. This allows for diversification and reduces risk for individual investors. The fund is managed by a team of professionals who make decisions on which securities to buy and sell. By investing in a mutual fund, investors can gain exposure to a global market and potentially see higher returns than if they were to invest in a single stock or bond.
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