Definition of mutual fund in English:

Share this entry

mutual fund


North American
An investment programme funded by shareholders that trades in diversified holdings and is professionally managed.
Example sentences
  • The agency is already battling court challenges to its rules on hedge funds and mutual funds.
  • A closed-end fund is a mutual fund whose shares trade on the stock exchanges, just as a stock does.
  • Allowing big investors to trade in mutual funds after hours is simply against the law.

For editors and proofreaders

Line breaks: mu¦tual fund

Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.