A mutual fund is an organization which invests money in many different kinds of business and which offers units for sale to the public as an investment.
[US, business]regional note: in BRIT, use unit trust
mutual fund in British English
noun
US and Canadian
an investment trust that issues units for public sale, the holders of which are creditors and not shareholders with their interests represented by a trust company independent of the issuing agency
British equivalent: unit trust
mutual fund in American English
US
1.
a fund consisting of a number of diversified securities that is owned jointly by those who have purchased shares in it as an investment
2.
a company or corporation that manages such a fund or funds
mutual fund in Finance
(myutʃuəl fʌnd)
Word forms: (regular plural) mutual funds
noun
(Finance: Investment)
A mutual fund is an investment where many people buy shares, and a professional manager invests the money in a diverse portfolio.
A balanced fund is a mutual fund that invests in common stocks, preferred stocks, bonds and short-term fixed incomesecurities.
If you are too busy to actively manage your own portfolio or not too sure of pickingthe best stocks, the mutual fund is a safe bet.
A mutual fund is an investment where many people buy shares, and a professional manager investsthe money in a diverse portfolio.
mutual fund in Insurance
(myutʃuəl fʌnd)
Word forms: (regular plural) mutual funds
noun
(Insurance: General)
A mutual fund is a financial arrangement managed by an investment company, in which you can buy shares in many different businesses.
The fund manager has the responsibility of overseeing the allocation of the poolof money invested in a particular mutual fund.
A mutual fund is a combination of contributions of many investors whose money is used to buy stocks,bonds, commodities, and options.
A mutual fund is a financial arrangement managed by an investment company, in which you can buyshares in many different businesses.
mutual
Examples of 'mutual fund' in a sentence
mutual fund
Investment bankers and mutual fund managers faced similar incentives.
John Cassidy DOT.CON (2001)
The value of your investment in a mutual fund is not directly affected by whether other people are putting money into the fund or taking it out.
Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers Principles of Corporate Finance (1991)
The company said the transaction, expected to complete in the second quarter, does not include its mutual fund distribution business.