mutual fund

noun

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

mutual fund

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

mutual fund

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.

Word History and Origins

Origin of mutual fund¹

First recorded in 1790–1800

Example Sentences

The recent declines appear to have hurt smaller, so-called retail investors the most, instead of institutional money managers running mutual funds and the like.

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The recent declines appear to have hurt smaller, so-called retail investors the most, instead of institutional money managers running mutual funds and the like.

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She said that various mutual funds managed by the Loomis Sayles Growth Equity Strategies Team have owned top tech stocks for an average of 14 years.

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“The top four mutual funds control 80% of the flows,” he notes.

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From rare earths to robotics, VanEck has designed ETFs and mutual funds to capitalize on contemporary investment trends.

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Related Words

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