What's the difference between a bond and a mutual fund?

Started by Grace Kessy 1 hour ago

I keep confusing these two. Can someone explain in simple terms how a government bond is different from putting money in a fund like Jikimu or Umoja?

1 Reply

Neema Mrema

1 hour ago

A bond is a loan you give to the government with a fixed return. A fund pools your money with other investors and a manager decides where it goes.

Mwekezaji AI

Educational answers only, not financial advice.