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 First, the shareholder must be an individual, trust, estate, partnership, S corporation, mutual fund, or common trust fund. Daniel Mayo, Forbes, 8 Nov. 2021 Billionaire financier George Soros called out BlackRock for raising $1 billion to start a China mutual fund, a first for the firm's wealthy clients. Bernhard Warner, Fortune, 8 Sep. 2021 Vanguard Group is giving $1,000 to employees who show proof of vaccination against COVID-19, with the mutual fund and asset- management firm joining other companies offering both carrots and sticks in an effort to spur workers to get inoculated. Kate Gibson, CBS News, 4 Aug. 2021 The mutual fund, which launched in 2014 and is a part of Infinity Q Capital Management LLC, sought to generate returns that weren’t as tied to the returns of other assets like stocks and bonds, its disclosures showed. Gunjan Banerji, WSJ, 20 Apr. 2021 But unlike a mutual fund, where your money is spread out among several corporations, this is one investment, one house. Rebecca Deurlein, Better Homes & Gardens, 2 Nov. 2021 Four years ago, according to a 2017 filing, the same mutual fund valued those shares at $126 million. BostonGlobe.com, 11 Oct. 2021 Many holders are retail investors; accounts at Charles Schwab held 52 percent of the mutual fund's shares, according to an SEC filing from a year ago. NBC News, 5 Sep. 2021 But the flip side is that if the manager is lending out a good amount of the fund’s holdings, this means there is a lot of demand by other investors to bet against the exact holdings the fund manager has in the mutual fund. Derek Horstmeyer, WSJ, 3 July 2021

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

Time Traveler

The first known use of mutual fund was in 1932

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Dictionary Entries Near mutual fund

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Last Updated

23 Nov 2021

Cite this Entry

“Mutual fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mutual%20fund. Accessed 4 Dec. 2021.

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More Definitions for mutual fund

mutual fund

noun

English Language Learners Definition of mutual fund

: 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

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