mutual fund

noun

: 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 Money market accounts and money market funds Money market deposit accounts and money market mutual funds are generating yields competitive with the best high-yield savings accounts. Jeanne Sahadi, CNN, 12 June 2024 Of the 18 mutual funds tracked by Morningstar that have held Tesla shares since 2019, 10 reduced their positions in the last quarter, with four slashing their stakes by 15% or more, Morningstar data showed. Andy Kalmowitz / Jalopnik, Quartz, 5 June 2024 The statement also said the foundation cannot select what stocks or other investments are included in its equity mutual funds. Laura Schulte, Journal Sentinel, 3 May 2024 Both changes mean that mutual funds are buying more Indian financial assets. Alex Travelli, New York Times, 31 May 2024 See all Example Sentences for mutual fund 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'mutual fund.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mutual%20fund. Accessed 24 Jun. 2024.

Legal Definition

mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

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