mutual fund

noun

Definition of mutual fund

: 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 Also, the mysterious committee that oversees the S&P 500 stock index finally decided to add Tesla, meaning all of the mutual fund managers running S&P 500 index funds will have to buy billions of dollars worth of the stock. Aaron Pressman, Fortune, "Electric vehicle stocks recover, but the road may not end well," 18 Nov. 2020 Her investments include a mutual fund through Ohio Deferred Compensation and a retirement fund through the Ohio Public Employees Retirement System. cleveland, "Which Ohioans could be considered for Biden’s cabinet? Capitol Letter," 16 Nov. 2020 Then the mutual fund’s expenses for the day, such as trading commissions and operating costs, are subtracted. Dallas News, "Motley Fool: Veeva Systems is a pricey stock that’s worth considering," 15 Nov. 2020 It is backed with $243 million in venture funding from Arch Venture Partners, Andreessen Horowitz, mutual fund giant T. Rowe Price Associates Inc. and others. Robert Langreth, Bloomberg.com, "Bristol Myers Turns to Machine Learning Startup to Solve ALS," 28 Oct. 2020 As the name implies, this fund (which is typically a mutual fund) ‘targets’ a certain retirement year such as 2035, 2040, 2045, etc. Nathan Bachrach And Amy Wagner, The Enquirer, "Allworth Advice: Tips for saving on retirement healthcare costs," 27 Oct. 2020 Bigham’s investments include several mutual fund IRAs and Roth IRAs, as well as pension funds with both the Ohio Public Employees Retirement System and the State Teachers Retirement Board. cleveland, "Don’t expect Ohio’s coronavirus map to look better anytime soon: Capitol Letter," 19 Oct. 2020 Then there’s the Vitium Global mutual fund, formerly known as the Vice Fund. Meir Statman, WSJ, "What You Need to Know About Social-Impact Investing," 4 Oct. 2020 The Fool responds: In a nutshell, a mutual fund receives money from many investors and then professional managers choose how to invest it, for a fee. Dallas News, "Motley Fool: Hanesbrands added masks and gowns to its product lines during the pandemic," 18 Oct. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'mutual fund.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of mutual fund

1932, in the meaning defined above

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Time Traveler for mutual fund

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The first known use of mutual fund was in 1932

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Statistics for mutual fund

Last Updated

22 Nov 2020

Cite this Entry

“Mutual fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mutual%20fund. Accessed 30 Nov. 2020.

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More Definitions for mutual fund

mutual fund

noun

English Language Learners Definition of mutual fund

US : a type of investment in which the money of many people is used to buy stock from many different companies

mutual fund

Legal Definition of mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

Britannica.com: Encyclopedia article about mutual fund

Comments on mutual fund

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