Fund Category

A fund is a pooled investment vehicle designed to collect capital from multiple investors to achieve specific financial objectives. Common types of funds include mutual funds, hedge funds, and exchange-traded funds (ETFs), each offering diversified portfolios across various asset classes such as stocks, bonds, and real estate. Funds enable individual and institutional investors to benefit from professional management, risk diversification, and economies of scale. Regulatory frameworks, including the Investment Company Act of 1940 in the United States, govern fund operations to protect investor interests.