Mutual Funds & ETFs

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5 Terms

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Mutual fund

Investors pool their money together to buy a collection of companies, which are blended up and divided amongst the participants, gives the advantage of diversification, meaning you can invest in many different companies all at once without having to pay for others individually.

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Active Funds

Constantly updated funds with higher fees, what’s trending.

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Passive Funds

Lower fees, more generalized. Normally outperform the actively managed funds over the long term.

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Expense ratio

A fee paid to the fund’ s service providers.

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Index fund

Mutual fund or ETF