Ericson Menor of Rampver Strategic Advisors provides information on mutual funds and their benefits. Mutual funds pool money from investors and invest in a variety of stocks, bonds, and other securities depending on the fund's objectives. The main types are stock, bond, and balanced funds. Benefits include diversification, low capital requirements, liquidity, and potential higher returns through professional management. Risks include fees and potential losses. Performance data is presented for several mutual fund companies. Examples are provided to illustrate potential returns from long-term mutual fund investing compared to time deposits.