mutual fund


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mutual fund

n.
An investment company that continually offers new shares and buys existing shares back at the request of the shareholder and uses its capital to invest in diversified securities of other companies.

mutual fund

n
(Banking & Finance) 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

mu′tual fund`


n.
an investment company that is capitalized by the constant sale of its stock, which it is obligated to repurchase from its shareholders on demand.
[1790–1800]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.mutual fund - the pooled money that is invested in assets
fund, monetary fund - a reserve of money set aside for some purpose
ETF, exchange traded fund - a mutual fund that is traded on a stock exchange
index fund - a mutual fund whose assets are stocks on a given list
2.mutual fund - a regulated investment company with a pool of assets that regularly sells and redeems its sharesmutual fund - a regulated investment company with a pool of assets that regularly sells and redeems its shares
investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies
index fund - a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
References in periodicals archive ?
For some investors, ETFs are a better option than a vast majority of traditional mutual funds because they offer trading flexibility," said Dan Culloton, senior mutual fund analyst with MorningStar in Chicago.
THE SEC HAS PROPOSED A NEW RULE that generally would require all mutual fund trades to be placed by a "hard 4 p.
Tax advisers with clients who want to minimize taxes through mutual fund investments might recommend such funds.
Spitzer, who launched the first mutual fund investigations in early September, has been quoted saying the scandal is bigger than just "excising a few bad apples from the industry," suggesting that improper short-term trading may have skimmed more than $4 billion a year from investors.
That is, all the buy orders and sell orders for a mutual fund for an entire trading day are executed at the net asset value calculated at the normal close of business of the New York Stock Exchange, 4:00 p.
Late trading occurs when a mutual fund manager allows a trader to buy or sell shares of the fund at the 4 p.
In short, a mutual fund offers virtually every asset class, whether you are looking for fixed income, gold, real estate or commodities.
Choosing a mutual fund has become incredibly complicated, and has directly tied the fortunes of the middle class to all the profits--and the perils--of a volatile market.
Lipper defines an "indexed fund" as an open-end mutual fund (not an Exchange Traded Fund, or ETF) that falls into one of the following subcategories: pure index, enhanced index or index-based.
The mutual fund scandal has cast a dark cloud over the (investment) industry in a way that no other financial scandal has over the past several years," says Richard Vitale, CPA/ PFS, MST and chairman of the Boston-based firm, Vitale, Caturano & Co.
I am an average guy who puts 10% of my paycheck into my 401(k) plan at work, invests in two Ariel mutual funds, and buys--$100 or $50 bonds every month.

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