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Hugh Jackson is thinking about buying an investment. The investment option that he is thinking about buying is an investment where investors pool their money. One of the key features is that it is managed by professional managers. What investment is Hugh thinking about purchasing

Respuesta :

Hugh is thinking about purchasing Mutual Fund.

A mutual fund is a professionally controlled investment fund that pools cash from many investors to purchase securities. The term is commonly used inside the United States, Canada, and India, at the same time as comparable systems throughout the globe encompasses the SICAV in Europe and open-ended investment employer inside the UK.

Most mutual funds fall into one of four main categories –

  • money market funds,
  • bond funds,
  • stock funds,
  • target date funds.

A mutual fund is a monetary car that pools assets from shareholders to invest in securities like stocks, bonds, cash marketplace gadgets, and other property.

Learn more about the mutual fund here https://brainly.com/question/4521829

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