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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

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]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
If you are planning to buy mutual fund shares, you can use the alpha as a tool to evaluate and rank the funds before you decide to invest.
The Mutual Fund shares income periodically to unit holders.
investor now has $900 of mutual fund shares (diminished from $1000 by
The actions stem from the SEC's Share Class Selection Disclosure Initiative, which the SEC's Division of Enforcement announced in February 2018 in an effort to identify and promptly correct ongoing harm in the sale of mutual fund shares by investment advisers.
That can create huge lags that in turn can cause you to get a much different price for your mutual fund shares than you had initially expected at the time you entered your purchase or sale order.
FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.
For example, in Case 2, after calculating the capital gain or loss on the sale of mutual fund shares using (1) FIFO, (2) LIFO, (3) average cost, and (4) specific identification, students are asked to choose the optimum method for tax minimization given the current income tax position and given an alternate income tax position.
This includes corporate sponsorships, cash gifts, matching gifts, security and mutual fund shares, in-kind gifts, memorial gifts, legacy gifts, vehicle donations and more.
Typically they provide price transparency, higher liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.
FINRA has been focused on the same types of mutual fund cases that it brought last year--sanctioning firms for selling mutual fund shares with front- or back-end sales charges to certain customers who were eligible to receive sales charge waivers
Back-end sales load or contingent deferred sales charge (CDSC): This fee is charged when mutual fund shares are sold.

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