Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

What is the difference between mutual fund vs ETF vs Stock?.

Sagot :

Answer:

A mutual fund is a professionally managed investment fund that pools money from investors to purchase securities. The money then gets used to purchase stocks, bonds, and other securities. Mutual offers offer instant diversification.

An ETF is an exchange-traded fund that contains many stocks. When an ETF is bought, a stock is not purchased. An ETF contains many stocks but stocks cannot be made up of multiple ETF's.

A stock is the capital raised by a business or corporation through the issue or subscription of shares.

Explanation: