ETFs function like mutual funds in that they typically own a diversified pool of investments. Among the American households that owned ETFs in 2022, 82% also owned mutual funds, ICI data shows.

Diversification is necessary to mitigate risk while seeking returns. Mutual fund investments function as an effective tool ...

In fact, if you compare the costs of an annuity to those for a mutual fund, you'll find that a mutual fund is much less expensive. So it pays to know the details about annuities before you invest.

The average money market fund fee is 0.38%, which is sharply higher than the 0.05% average fee on an index equity mutual fund, according to the Investment Company Institute (ICI). That means ...