​​What are Mutual Funds? – MemberMinds Video

A mutual fund is a portfolio of securities such as stocks or bonds. Investors can own shares of a mutual fund and over time can earn capital gains or experience capital losses. In this video, MemberMinds host Tom Nugent talks with Chris Janeway, a PlanMember Financial Professional. They discuss:

• The basics of mutual funds and their advantages and disadvantages
• How mutual funds are managed and who chooses the securities included in the portfolios
• The differences between managed and indexed mutual funds
• Costs related to owning mutual funds and the various expenses and fees
• Knowing when a mutual fund may be the right investment vehicle for your overall investment plan