mutual funds; a range of stocks or bonds
Each year banks typically offer a wide range of mutual funds comprised of a range of stocks or bonds from a variety of different companies.
An investment vehicle called a mutual fund combines shareholder money to buy securities including stocks, bonds, money market instruments, and other assets. Professional money managers run mutual funds. They distribute the assets of the fund and work to increase investors' capital gains or income. The investing objectives outlined in a mutual fund's prospectus are reflected in the portfolio's structure and upkeep.
Mutual funds provide access to professionally managed portfolios of stocks, bonds, and other securities for small or individual investors. Therefore, the profits or losses of the fund are shared proportionally by each shareholder. Mutual funds invest in a huge variety of assets, and their performance is typically measured as a change in the fund's overall market value, which is determined by summing the performance of the underlying investments.
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