Definition of Mutual funds

Babylon English
mutual fund
type of investment in which many individual investors give funds to a brokerage house which invests and manages the money (Finance)

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Mutual funds definition was found in categories: Business & Finance(2)  Encyclopedia(1)  

Mutual funds Definition from Business & Finance Dictionaries & Glossaries

Campbell R. Harvey's Hypertextual Finance Glossary
Objective (mutual funds)
The fund's investment strategy category as stated in the prospectus. There are more than 20 standardized categories. E.g. Aggressive growth, balanced.

Sean_Woo's Finance,GIS & Real Estate Glossary
mutual funds
corporations that accept money from savers and then use these funds to buy stocks,long-term bonds,or short-term debt instuments issued by businesses or government units.
Note: Literally there are thousands of different mutual funds with dozens of different goals and purposes. They are bond funds for those who desire safety, stock funds for savers who are willing to accept significant risks in the hope of higher returns, and still other funds.


Mutual funds Definition from Encyclopedia Dictionaries & Glossaries

Wikipedia English - The Free Encyclopedia
Mutual fund
This article deals with U.S. mutual funds. For other forms of mutual investment, see Collective investment schemes.
A mutual fund is a professionally-managed form of collective investments that pools money from many investors and invests it in stocks, bonds, short-term money market instruments, and/or other securities. In a mutual fund, the fund manager, who is also known as the portfolio manager, trades the fund's underlying securities, realizing capital gains or losses, and collects the dividend or interest income. The investment proceeds are then passed along to the individual investors. The value of a share of the mutual fund, known as the net asset value per share (NAV), is calculated daily based on the total value of the fund divided by the number of shares currently issued and outstanding.

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