Question: whats a mutual fund ?is there a risk ? 

Answer: Mutual funds - take the investments of many investors collectively - invests them, and manages that investment.   Theoretically, the fund manager knows how to manage investments to make them grow.\n\nNo investment is completely free of risk.  But if you are in a reliable fund, with a competent manager - your risk should be minimal.
This question from the Yahoo Q&A forum is categorized in the topic: Education & Reference