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, MM
Mutual Fund
Pooling of fund from many investors to accumulate
large sum, and invest it as a single unit by a
investment manager.
Advantage compared to invest by ourselves:
Mutual Fund
Diversification
Managerial expertise skill, infrastructure,
information access
Cost advantage cheaper transaction fees due
to high volume
Liquidity intermediation invest in illiquid asset
while maintaining overall liquidity
Denomination intermediation invest in high
denominated asset.
Mutual Fund
Mutual Fund
Mutual Fund
Mutual Fund