Mutual funds are often recommended as a starting point for new investors, but many people are unsure how they actually work. In this episode, we speak with Peace, an investment banking professional with experience across asset management, financial advisory, and corporate finance, on the basics of mutual funds and why they are a popular entry point into investing.

Drawing on her experience across multiple sectors and financial institutions, Peace explains what mutual funds are, how pooled investments work, and how professional fund managers invest on behalf of individuals. She also discusses how mutual funds differ from traditional savings, how investors earn returns, and why consistent investing can help individuals work toward long-term goals.