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mutual fund
noun
- an investment company that issues shares continuously and is obligated to repurchase them from shareholders on demand.
mutual fund
noun
- an investment trust that issues units for public sale, the holders of which are creditors and not shareholders with their interests represented by a trust company independent of the issuing agency British equivalentunit trust
mutual fund
- A company organized for the purpose of making investments . A mutual fund gets its capital stock from private individual investors, who, in effect, allow the mutual fund to decide where to invest their money.
˜yÐÄvlog History and Origins
Origin of mutual fund1
Example Sentences
The latest tally shows that 65% of actively managed U.S. large-capitalization mutual funds fell short of the benchmark S&P 500 stock index in 2024.
Two years ago, on his bank adviser's suggestion, Rajesh Kumar pulled out his savings - fixed deposits included - and shifted to mutual funds, stocks and bonds.
ETFs, similar to mutual funds, are a type of investment fund that pools money from investors.
You can open a brokerage account at Vanguard and then divert the funds saved from a canceled subscription into an equity mutual fund or ETF.
What about Lee’s assertion that investing in “ANYTHING else—a mutual fund, real estate, even a savings account,†would make you “better off by the time you reached retirement age.â€
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