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CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

These products have fund managers that select securities based on the goal of the fund. For example, if an individual wishes to invest in US large cap stocks, they can either purchase and manage the individual stocks or they can buy a US large cap stock fund, pay a small fee to the fund manager, and outsource the management. Many investors use funds in their portfolios and have used these products for a long time.