Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of securities, such as stocks, bonds, or other assets. At Contoso, we offer a variety of mutual funds tailored to different investment objectives and risk tolerances. When you invest in a mutual fund, you buy shares of the fund rather than individual securities. This approach provides instant diversification, as your investment is spread across various assets, reducing risk. Mutual funds are managed by professional portfolio managers who make investment decisions based on the fund's objectives. There are different types of mutual funds, including equity funds, bond funds, index funds, and balanced funds. Each type has its own risk-return profile, so it’s essential to choose one that aligns with your investment goals. Fees associated with mutual funds can include management fees and expense ratios, which can impact your overall returns. To invest in a mutual fund through Contoso, you can open an investment account and choose from our range of available funds based on your financial objectives. Our financial advisors are available to help you navigate the options and select the right fund for your needs.