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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
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
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Word History
First Known Use
1932, in the meaning defined above
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
Britannica.com: Encyclopedia article about mutual fund
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