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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In every year of the past decade, Morningstar reports, Royce mutual funds have seen more assets depart than arrive. William Baldwin, Forbes.com, 17 May 2025 The average money market fund fee is 0.38%, which is sharply higher than the 0.05% average fee on an index equity mutual fund, according to the Investment Company Institute (ICI). Medora Lee, USA Today, 14 May 2025 Measures of money called M1, M2 and M3 were made, depending on which types of deposits — checking, saving, certificates of deposit or even money-market mutual funds — were included. Edward Lotterman, Twin Cities, 11 May 2025 Ken Squire is the founder and president of 13D Monitor, an institutional research service on shareholder activism, and the founder and portfolio manager of the 13D Activist Fund, a mutual fund that invests in a portfolio of activist 13D investments. Kenneth Squire, CNBC, 10 May 2025 See All Example Sentences for mutual fund

Word History

First Known Use

1932, in the meaning defined above

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

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Cite this Entry

“Mutual fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mutual%20fund. Accessed 22 May. 2025.

Legal Definition

mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

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