mutual fund


: an open-end investment company that invests money of its shareholders in a usually diversified group of securities of other corporations

Example Sentences

She invested her money in a mutual fund.
Recent Examples on the Web Most mutual fund companies and brokers say their IRAs are self-directed. Bob Carlson, Forbes, 19 Feb. 2023 While mutual fund holdings often change a lot over time, unit investment trusts feature a relatively fixed portfolio of investments. Dallas News, 18 Sep. 2022 Any fractional shares of the mutual fund held at the point of conversion will be redeemed and could result in a taxable gain. Bailey Mccann, WSJ, 2 Sep. 2022 Overnight, there were discussions that mutual fund families want to raise money to put money to work at these levels. Brendan Ahern, Forbes, 11 Mar. 2021 In most cases, Forbes averaged the data providers’ current valuation estimates for each unicorn, which are based on the performance of comparable public companies, secondary market activity and publicly reported mutual fund marks. Matt Durot, Forbes, 27 Jan. 2023 Because, just as hedge funds, mutual fund managers, or sovereign wealth funds have tried their hand in the opaque world of privates in recent years, VCs have dappled in the public ones. Jessica Mathews, Fortune, 6 Jan. 2023 Dozens of federal officials made lucrative stock and mutual fund trades in early 2020 as the government was preparing for the onslaught of Covid-19, according to a Wall Street Journal investigation. Allison Morrow, CNN, 21 Oct. 2022 The average taxable bond mutual fund lost 9.9 percent for the year. Jeff Sommer, New York Times, 13 Jan. 2023 See More

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.

Word History

First Known Use

1932, in the meaning defined above

Time Traveler
The first known use of mutual fund was in 1932

Dictionary Entries Near mutual fund

Cite this Entry

“Mutual fund.” Dictionary, Merriam-Webster, Accessed 29 Mar. 2023.

Legal Definition

mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

Last Updated: - Updated example sentences
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