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.
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, 22 Feb. 2025 At one’s job, employees are often defaulted into target date mutual funds. James Brewer, Forbes, 21 Feb. 2025 Follow the money: Black Americans had just $313 billion in stocks and mutual funds as of the third quarter of 2024, up a mere 3.4% in seven years. Ben Berkowitz, Axios, 17 Feb. 2025 The expense ratio is the annual cost of owning a mutual fund or ETF. Daniel De Visé, USA TODAY, 3 Feb. 2025 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

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Cite this Entry

“Mutual fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mutual%20fund. Accessed 28 Feb. 2025.

Legal Definition

mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

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