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mutual fund
noun
- an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand.
mutual fund
noun
- 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 British equivalentunit trust
mutual fund
- 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.
51Թ History and Origins
Origin of mutual fund1
Example Sentences
The latest tally shows that 65% of actively managed U.S. large-capitalization mutual funds fell short of the benchmark S&P 500 stock index in 2024.
Two years ago, on his bank adviser's suggestion, Rajesh Kumar pulled out his savings - fixed deposits included - and shifted to mutual funds, stocks and bonds.
ETFs, similar to mutual funds, are a type of investment fund that pools money from investors.
You can open a brokerage account at Vanguard and then divert the funds saved from a canceled subscription into an equity mutual fund or ETF.
What about Lee’s assertion that investing in “ANYTHING else—a mutual fund, real estate, even a savings account,” would make you “better off by the time you reached retirement age.”
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