Investopedia / Joules Garcia A fund is a pool of money that is allocated for a specific purpose. A fund can be established for many different purposes: a city government may set aside money to ...

Index funds are mutual funds that seek only to mirror the performance of an underlying stock market index — not to outperform it. Millions of investors hold them in their portfolios because they ...

Mutual funds are investment vehicles that allow many individual investors to pool their cash into a professionally managed portfolio curated and maintained by a fund manager. Each investor ...

Defined contribution plans come in varieties like 403(b), 457, and Thrift Savings Plans. You choose investment options within your plan, determining the ultimate value of your retirement fund.