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Meaning of mutual fund

Source language: EnglishDictionary language: English

mutual fund

noun

Definitions

  1. A form of collective investment in which money from many investors is pooled and invested in stocks, bonds, short-term money market instruments, and/or other securities under the direction of a fund manager.

Sources:https://en.wiktionary.org/wiki/mutual%20fund

Related words

open-end fundopen-end investment companysuperfundfund managersubfundmegafundfundfun fund