Page 36 - DecDefComp
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Fund
                                                                                   Mana
                                                                                                   invests
                                                                    money
                                                                                        ger
                                                                 pool
                                                                        with
                                                                                                      in
                                                        Invest
                                                                                                      Securit
                                                             ors
                                                                                                            ies
                                                                   passed
                                                                       back to
                                                                                 Return
                                                                                                generat
                                                                                                    e
                                                                                      s
                                                                                                                                                            © 2022 Innovest Portfolio Solutions, LLC  17
                                                    Investment company pooling money collected from


                         Mutual Funds










                                                         many investors. Fund specifies investment objective: –Major asset class(es), and sub‐asset class(es). •Operated by professional money managers, who make  decisions about the fund’s investments. •Investors purchase shares of the fund, which represent  a portion of all securities held in the fund. •Investors benefit from professional investment  management (and resources) and share the expenses   and fees.












      Mutual Funds                                  •         •
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