What exactly is a mutual fund? Simple terms please?

Many people pooling their money to leverage into investments that exclude the small bidders. Visit P-fund,
a great way to invest.
www prospera-fund dot com
They are invested with several traders in stocks and FX accounts, (diversified).
There you can invest money to earn 10% a month compounded! After testing with 100.00 it works, and so I invested more, four different options, all 10% a month, "offshore investing".
Examples of compounding: 1000.00 after one year: 3130.00.
or, 200.00 after 5 years: 60,000.00
Do it, and forget it for 5 years, you'll not be sorry. It's been paying me since I joined in February.

Source(s):

www.prospera-fund.com
refer. luckyrick

The manager picks and buys a bunch of individual stocks. These stocks conform to the type & % age of total investment which his investors have said they are interested in owning. None of the individual shares are designated to one client.

If the manager picket the right stock/mixture of stocks & other assets the mutual fund makes a profit. The only one that is "guarantied to make a profit is the manager/owner of the fund, because he gets a fee.

Many people pool their money in a fund, which invests in various securities. Each investor shares proportionately in the fund's investment returns.

Every mutual fund has a manager who directs the fund's investments.

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