Mutual funds are investment vehicles that allow many individual investors to pool their cash into a professionally managed portfolio curated and maintained by a fund manager. Each investor ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Learn about our editorial policies Every time you invest in a mutual fund, you're making a choice that could cost or save you tens of thousands of dollars—and you might not even know it.

Closed-end funds are a lesser-known kind of mutual fund. Your best odds of success come when you buy them at a discount. Many, or all, of the products featured on this page are from our ...

Commissions do not affect our editors' opinions or evaluations. For most investors, mutual funds are a great way to build a diversified portfolio without a lot of extra cost or hassle. They ...