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Fortune
Fortune
Sarah Brodsky

Understanding how mutual funds work

Photo illustration of 5 hands holding a piece of a pie chart that together show a $100 bill. (Credit: Photo illustration by Fortune; Original photos by Getty Images (2))

If you share a financial goal with other people, it can sometimes make sense to pool your resources and pursue that goal together. Mutual funds are a good example of that model and provide a way to join forces with other investors and potentially reap the benefits of investing as a group.

What are mutual funds? 

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