Offer your thoughts or opinion on the input financial query or topic using your financial background.

What is a mutual fund?
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.