Speaking: Read Aloud Practice

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Practice Speaking: Read Aloud ID: #52468 Long Mutual fund share

Instructions ›

In return for the money they give to the mutual fund when purchasing shares, shareholders receive an equity position in the fund and, in effect, in each of its underlying securities. Most mutual funds allow shareholders to sell their shares at anytime, though the price of a mutual fund share fluctuates daily based on the performance of the fund.