as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what is a mutual fund?
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the simple answer is: yes, the jp morgan emerging markets equity fund is a mutual fund. a mutual fund is a pooling of money from investors to invest in stocks and bonds. investors in mutual funds arrive there in different ways. some get there via their company 401k, others by an ira, still others as a taxable account. the fund can be sold by the company directly or through a broker. you can also have a fund of funds. so the investors are other funds.  some investors are only indirect investors. they are owed a pension by a past or current employer, and the pension fund has invested in a mutual fund.
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