A form of collective investment in which money from many investors is pooled and invested in stocks, bonds, short-term money market instruments, and/or other securities under the direction of a fund manager. (noun)
Examples of word mutual fund
"Magellan is the only fund in the country that the average person in America has heard of," says Kurt Brouwer, a San Francisco mutualfund consultant.
Which mutualfund schemes in reliance are profitable? en Español