mutual fund

noun

: an open-end investment company that invests money of its shareholders in a usually diversified group of securities of other corporations

Examples of mutual fund in a Sentence

She invested her money in a mutual fund.
Recent Examples on the Web
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If approved, this could make some of the best performing mutual funds more easily accessible to investors, while also helping to stem outflows from asset managers by clients who prefer ETFs. Jesse Pound, CNBC, 5 Nov. 2024 Diversify Your Investment Portfolio If your investments are primarily in stocks or mutual funds, consider expanding your portfolio to include more diversified assets. Melissa Houston, Forbes, 5 Nov. 2024 Advertisement Schiff’s investment strategy has gradually shifted from individual stocks to mutual funds that hold shares in many companies, a Times review of Schiff’s financial disclosures show. Laura J. Nelson, Los Angeles Times, 7 Oct. 2024 Ken Squire is the founder and president of 13D Monitor, an institutional research service on shareholder activism, and the founder and portfolio manager of the 13D Activist Fund, a mutual fund that invests in a portfolio of activist 13D investments. Kenneth Squire, CNBC, 26 Oct. 2024 See all Example Sentences for mutual fund 

Word History

First Known Use

1932, in the meaning defined above

Time Traveler
The first known use of mutual fund was in 1932

Dictionary Entries Near mutual fund

Cite this Entry

“Mutual fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mutual%20fund. Accessed 22 Nov. 2024.

Legal Definition

mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

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