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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Designate a percentage of your salary to contribute to the account out of each paycheck and select one or more mutual funds for your portfolio. Ryan Ermey, CNBC, 5 Jan. 2025 The list includes one open-end mutual fund, one closed-end mutual fund, and one ETF that hold SpaceX stock. Joel Shulman, Forbes, 3 Jan. 2025 Dan Primack Dec 1, 2024 - Business Scoop: Fidelity marks up the value of its stake in Elon Musk's X Fidelity mutual funds marked up the value of their X Holdings shares by 32.37% in October, the largest monthly increase since helping Elon Musk buy the company in 2022. Dan Primack, Axios, 2 Dec. 2024 While that is about half the roughly $20 trillion in mutual funds, ETFs have steadily eroded mutual funds’ market share since debuting in the early 1990s. Greg Iacurci, CNBC, 17 Dec. 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 9 Jan. 2025.

Legal Definition

mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

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