mutual fund

(redirected from Mutual fund shares)
Also found in: Thesaurus, Legal, Financial, Encyclopedia.

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 ?
Mutual fund shares can be held in an account directly with the mutual fund company or a brokerage account, but in either case the underlying transaction is between the investor and the mutual fund company.
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
Additionally, donations of mutual fund shares or securities can also be made through this secure webpage.
However, unlike mutual fund shares, which are priced only once a day, ETF shares can be bought or sold throughout the trading day on a stock exchange at a market-determined price.
To figure the gain or loss on a sale of mutual fund shares held in a taxable account, you must know the cost basis of those shares.
The exchange has been made for shares of the Mutual Fund Corporation of the series designated as Mutual Fund Shares, Explorer Series, A/Rollover Series (Explorer Class Shares) effective 21 November 2012, valued at USD2.
This article specifically discusses redeeming non-IRA mutual fund shares to fund a taxpayer's IRA contribution for the year.
Any excess over the shareholder's basis is treated as a capital gain, which will be long-term or short-term depending on how long the shareholder held the mutual fund shares with respect to which the distribution was made.
The biggest increase was in investments in mutual fund shares, with new investments amounting to EUR1.
Decomposing financial assets, four of nine subcategories of financial assets declined last quarter: corporate equities, pension fund reserves, mutual fund shares, and deposits.
Mutual funds: When you buy mutual fund shares from a stockbroker or other investment professional, you might have to pay sales charges, called loads, which are calculated as a percentage of the amount you invest.