Meaning MUTUAL FUND: Mutual funds are pools of money that are managed by an investment company and regulated by the Investment Company Act of 1940. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds seek to generate income on a regular basis. Others seek to preserve an investor's money. Still others seek to invest in companies that are growing at a rapid pace. Funds can impose a sales charge, or load, on investors when they buy or sell shares. No-load funds impose no sales charge. Related: Open-end fund, closed-end fund
More terms such as Mutual fund in Dictionary M.
- Definition Mutilated Security:
- Examples A certificate on which the name of the issue, the issuer, or some other identifying detail cannot be read mutual fund definition.
- Definition Money Rate Of Return:
- Examples Annual money return as a percentage of asset value mutual fund explain.
- Definition Mismatch Bond:
- Examples Floating-rate note whose interest rate is reset at more frequent intervals than the rollover period (e.g., a note whose payments are set quarterly on the basis of the one-year interest rate mutual fund what is.
- Definition Moscow Interbank Currency Exchange (MICEX):
- Examples Established in 1992, the most liquid and best organized financial exchange in Russia mutual fund meaning.
- Definition Macroeconomics:
- Examples Analysis of a country's economy as a whole mutual fund abbreviation.
