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A mutual fund is an investment that pools together multiple stocks, bonds, and other securities to perform as one investment. Regardless of your investment goal, mutual funds have the potential to play an important role in every portfolio.

Both growth and value stocks can maximize value for investors, but the 2 schools of investing take different approaches.

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Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.