mutual fund

mutual fund
Mutual funds are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds, for example, seek to generate income on a regular basis. Others seek to preserve an investor's money. Still others seek to invest in companies that are growing at a rapid pace. Funds can impose a sales charge, or load, on investors when they buy or sell shares. Many funds these days are no load and impose no sales charge. Mutual funds are investment companies regulated by the Investment Company Act of 1940. Related: open-end fund, closed-end fund. Bloomberg Financial Dictionary
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An open-end investment company. Equivalent to unit trust. Exchange Handbook Glossary
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A collective investment scheme in the US that pools investors' money to be invested in stocks, bonds and other securities. London Stock Exchange Glossary
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An investment company that pools money from shareholders and invests in a variety of securities, including stocks, bonds and money market instruments.
A mutual fund stands ready to buy back ( redeem) its shares at their current net asset value, which depends on the total market value of the fund's investment portfolio at the time of redemption. As open-end investments, most mutual funds continuously offer new shares to investors. NYSE Euronext Glossary

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mutual fund mutual fund ➔ fund1

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mutual fund UK US noun [C] US
► FINANCE UNIT TRUST(Cf. ↑unit trust)

Financial and business terms. 2012.

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Look at other dictionaries:

  • mutual fund — see fund 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. mutual fund n. A fund ru …   Law dictionary

  • Mutual fund — Mutual funds are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds, for example, seek to generate income on a regular basis. Others seek …   Financial and business terms

  • mutual fund — [n] stock fund 401(k) fund, bond fund, hedge fund, individual retirement account, investment fund, IRA, money market funds, retirement plan; concepts 330,332,340 …   New thesaurus

  • mutual fund — ☆ mutual fund n. 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 …   English World dictionary

  • mutual fund — mutual funds N COUNT 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. [AM] (in BRIT, use unit trust) …   English dictionary

  • mutual fund — n AmE an arrangement managed by a company, in which you can buy ↑shares in many different businesses British Equivalent: unit trust …   Dictionary of contemporary English

  • mutual fund — mutual ,fund noun count AMERICAN * a company that invests money for you in many different companies. British unit trust …   Usage of the words and phrases in modern English

  • Mutual fund — This article is about mutual funds in the United States. For other forms of mutual investment, see Collective investment scheme. A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors… …   Wikipedia

  • mutual fund — A fund managed by an investment company in which money is raised through the sale of stock and subsequently invested in publicly traded securities. The investment performance of the mutual fund depends on the performance of the underlying… …   Black's law dictionary

  • mutual fund — A fund managed by an investment company in which money is raised through the sale of stock and subsequently invested in publicly traded securities. The investment performance of the mutual fund depends on the performance of the underlying… …   Black's law dictionary

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