In simple terms, mutual funds are a type of financial intermediary that allows a group of investors to pool their money together to invest in an objective that was predetermined. Every mutual fund has a fund manager who is responsible for investing the pooled funds into specific securities such as stocks and bonds.In this article, Jose Miguel Artiles Caballos, the director of Bandania Formula Capital LTD, explains why mutual funds are one of the best investment, how it works, and some of the best advantages of investing in Mutual Funds.