Abstract
The origin of mutual funds lies far back to a little more than 1 and a half century ago. “Société Générale de Belique” was formed during the year 1822 by King William of Netherlands at the Brussells, which is most likely the first most mutual fund. The primary intention behind its creation was to facilitate minute investments in foreign government loans and which was supposed in offering more returns and security than the home country or industry. Upon its enormous uniqueness and implied various advantages, on a similar note or idea and another company was initiated to encourage co-operative investments and to cater and protect investments with wide laws and policies pertaining to it, by huge undertakings and with a goal to incentivize higher returns through investing in the various industries. Although mutual funds have their origin in Belgium, its roots are not deep rooted in continental soil but flourished in USA and UK global environment.
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