A mutual fund is a managed portfolio of investments which include stocks, bonds and cash equivalents and may include investments in Prudential and its affiliates. The companies that issue these funds include Prudential, and they pool the money obtained from individual investors and invests it on their behalf.
The advantage of mutual funds is that they provide investment diversification - in stocks, bonds and other investment instruments - without requiring you, the investor, to make your own purchases and trades. When a fund manager takes the millions of investment dollars and buys stock in particular companies, each investor in the mutual fund is, by extension, an investor in those companies.
In the universe of mutual funds, investors have a staggering number of options. There are funds focused on investments only in the United States,