Mutual Fund

Mutual funds are investment vehicles pooling money from multiple investors to invest in a diversified portfolio of assets, aiming to maximize returns while managing risk. Current research focuses on improving portfolio construction and performance prediction using advanced machine learning techniques, such as LSTM networks, iTransformers, and ensemble methods incorporating Random Forests, to optimize fund allocation and enhance risk-adjusted returns. These advancements are significant for both investors seeking better investment strategies and the financial industry, leading to more efficient portfolio management and potentially improved risk assessment and categorization of funds.