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pool money with Fund Mana ger invests in
Invest ors Securit ies
passed back to Return s generat e
© 2022 Innovest Portfolio Solutions, LLC
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 • •

