Module 1 of 11 · 12 min
What a mutual fund really is
The idea in plain words, before any jargon. Everything here is free. Work through the lessons in order, or jump to the one you need.
4 lessons in this module
What you will cover
- 1 Pooling money, simply put What a mutual fund is, in one plain idea, before any jargon.
- 2 Why people choose funds The three reasons a beginner picks a fund over a single stock.
- 3 Open-ended and closed-ended The two main fund types by how you buy and sell, plus interval funds.
- 4 The words you must know NAV, AUM, mark to market and loads, the vocabulary the whole exam leans on.
Start this module → A full module mock test is part of premium.
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