
RINO (Investment Fund)
An RINO, or Registered Investment Company, is a type of investment fund that pools money from many investors to buy a diversified mix of securities like stocks and bonds. It is registered with the U.S. Securities and Exchange Commission (SEC) and follows specific rules to ensure transparency, proper management, and investor protection. Examples include mutual funds, index funds, and exchange-traded funds (ETFs). RINOs offer individuals an accessible way to invest across a broad range of assets managed by professional fund managers, aiming for growth, income, or a combination of both within regulatory standards.