What is a Mutual Fund?
http://art.fdlive.com/articles/18952/1/What-is-a-Mutual-Fund/Page1.html
William Smith
William Smith lives in Florida with his wife and three cats. William writes frequently on many subjects that may be of interest to all. Discover all the joys and secrets of baseball at Baseball's Holy Grail By William Smith
Published on 04/20/2008
In a Mutual Fund, the fund manager trades the fund's underlying securities, realizing their capital gains or loss, and collects the dividend or say the interest income.