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General TradingI
Investment Funds
Pooled investment vehicles such as mutual funds, exchange-traded funds (ETFs), or index funds that allow multiple investors to collectively invest in a diversified portfolio of assets.
Example
“For example, an investor who buys shares of the Vanguard S&P 500 ETF (VOO) gains instant diversified exposure to 500 large-cap U.S. stocks through a single investment fund.”