mutual fund
Noun
Meaning
a regulated investment company with a pool of assets that regularly sells and redeems its shares
the pooled money that is invested in assets
Source: WordNetSynonyms
Hypernyms
Hyponyms
Examples
But these very stocks, plus a good number of the 30 to 50 others held in each of their 14 mutual fund portfolios, are exactly the companies benefiting from existing trends accelerating during the crisis.
Amid the uncertainty in the current market situation brought about by the Covid-19 pandemic, it's crucial to be cautious while choosing a mutual fund product.
Absolute-value funds are one segment of the actively managed mutual fund spectrum where Snowball feels investors can get their money’s worth.
Among brokerages and mutual fund companies, a large amount of mutual fund share transactions take place among intermediaries as opposed to shares being sold and redeemed directly with the transfer agent of the fund.
A fee charged by a mutual fund for day-to-day management of the fund, including selecting its holdings — and for shareholder relations and administrative services.
Consequently, good flows into the funds and attractive valuations have enabled mutual fund to park more investments into the market and capitalise on this investment opportunity, he added.