Mutual Fund
Mutual Fund | Funds Definition
A fund operated by an investment company that pools money from many people to invest in various types of securities. Funds can impose a sales charge, or load, on investors when they buy or sell shares. Some are no load and impose no sales charge. Mutual funds are regulated by the Investment Company Act of 1940.
Mutual funds offer investors a variety of investment strategies or objectives, depending on the pool of money and its investment charter. Each fund's objective is stated in its prospectus. There are more than 20 standardized categories. Some funds, for example, seek to generate income. Others seek to preserve an investor's capital. Still others seek growth of investment principal.
For over 1,000 additional terms and definitions please see our Investment Glossary Guide.Related to Mutual Fund:
- Geographical Hedge Fund Guides
- Hedge Fund Employment Guide
- Financial Certification
- Investment Book
- Hedge Fund Terms and Definitions
Tags: Mutual Fund, Mutual Funds, what are Mutual Funds, what is a Mutual Fund, define Mutual Fund, Mutual Fund definition, Mutual Fund Information, Mutual Fund Explanation
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.