mutual fund

American  

noun

1. an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand.

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mutual fund British  

noun

1. British equivalent: unit trust.  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

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mutual fund Cultural  

1. A company organized for the purpose of making investments. A mutual fund gets its capital stock from private individual investors, who, in effect, allow the mutual fund to decide where to invest their money.

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Etymology

Origin of mutual fund

First recorded in 1790–1800

Example Sentences

That in turn, powered the average U.S.-stock mutual fund or exchange-traded fund to a total return of 10.3% for April, according to statistics from LSEG.

From The Wall Street Journal • May 3, 2026

“Boston has created a very strong position in the mutual fund industry,” an old-line Bostonian tells me.

From Barron's • May 1, 2026

You’ll also want to track the expense ratio of each ETF or mutual fund in your portfolio.

From MarketWatch • Apr. 28, 2026

The average U.S.-stock mutual fund or exchange-traded fund posted a total return of minus 2.8% for the first quarter, according to statistics from LSEG.

From The Wall Street Journal • Apr. 10, 2026

Jim went into the insurance and mutual fund business, and from there he made the switch to banking.

From "Class Matters" by The New York Times

Related Words

• bond fund
• closed-end fund
• investment fund
• retirement plan