Below, we explain how these funds work and walk you through their ... based on the underlying assets they invest in, such as hedge funds, mutual funds, private equity, real estate, or commodities.

A mutual fund is an investment strategy in which you pool your money with that of other investors to buy stocks, bonds and other securities, according to Fidelity Investments. Investors who ...

Index funds offer a simple ... expensive fees to mutual fund managers. Index funds can put your investment strategy on autopilot in a cost-effective manner. They can do this while still producing ...

Then, you’ll need to deposit money into your account to be able to purchase a mutual fund. Research the funds to ensure they align with your goals, considering the fund’s performance and risks.