an investment company that pools together funds from a large number of investors and then manages a portfolio of different stocks and other financial assets for those investors.
This is an open-end investment company that invests the pooled money of many people in a variety of securities.
An investment company that puts investors' money in a variety of areas, usually securities, and that must redeem the shares at net asset value upon demand.
An account established by a financial services company that combines the money of many people and invests it in a variety of financial instruments.
An investment that pools the money of numerous investors who have similar investment goals and invests that money in a number of securities on their behalf.
A company or trust that uses its capital to invest in securities of other companies.
An investment company that raises money by selling its own shares to the public and investing the proceeds in other equities and/or securities, with the value of its shares fluctuating with the investment experience of its portfolio. Investment companies are of two types: (1) open-end, commonly called mutual funds, in which capitalization is not fixed and more shares may be sold at any time, and (2) closed-end, in which capitalization is fixed and only the number of shares originally authorized may be sold.
A mutual fund is an organization that creates a portfolio by investing funds in securities, such as Ginnie Mae securities. Mutual funds are "open-ended" so that the portfolio investment may change. Ginnie Mae does not directly guarantee owners of fund shares; therefore, these owners must look to their mutual fund for payment, even if the portfolio consists solely of Ginnie Mae securities.
Managed investment fund whose shares are sold to investors. Investors are shareholders in the fund and participate in the fund's gains or losses. Shares can be redeemed when needed in an open-end fund and at specific times in a close-ended fund. Mutual fund companies offer a variety of different funds (as stated in their prospectus) in order to attract investors with different financial goals, i.e. income, growth or tax benefits.
pools of money that are actively managed by an investment company which offers equity shares in a portfolio of securities. All shareholders participate in the gains or losses of the fund. The shares are redeemable on any business day at the net asset value.
An investment vehicle whereby a money management company pools the assets of its customers' deposits to invest in securities of other companies and entities. Different mutual funds will invest in different types of securities, or have distinct investment objectives and risk tolerance. Mutual funds offer the individual investor instant diversification, since mutual funds typically hold anywhere from 20 up to hundreds of individual securities. The flip side is that mutual funds have annual expenses that are assessed to shareholders. It is also important to note that sales of securities, as determined by the fund manager, generate capital gains taxes that are shouldered by the shareholders.
The fund pools the resources of investors by selling its shares to the public and investing the proceeds of such sale in a portfolio of securities designed to achieve the fund's investment objective. All of the owners in the fund shares participate in the gains or losses of the fund. These products can only be sold by registered representatives. Mutual funds are also known as an open-end diversified management investment company. The basic categories of fund investment objectives are as follows: Aggressive Growth, Capital Growth, Global Bonds, Global Equity, Government Bond, Growth and Income, High-Yield Corporate Bond, Investment-Grade Corporate Bond, Money Market, Mortgage-Backed Security, Municipal Bonds, Specialty, Total Return, Also see the section on Mutual Funds in the Directory of Other Financial Service.
An entity which uses its capital to invest in other companies; is not listed and sells its own new shares to investors and buys back its old shares, redeeming the shares at the net asset value for that day or the "break-up" value of the fund's investment portfolio; capitalization of an open-end fund is not fixed and it normally issues more shares as people want them; the range of mutual funds is extensive and includes funds based on bonds, blue-chip stocks, mortgages (MBS), common shares and international stocks and currencies.
An investment where your money is pooled with other investor's money and used to make investments by a professional manager.
Corporation or trust, managed by an investment adviser, that raises money from shareholders and invests it in securities, such as stocks, bonds, options, commodities and/or money market securities. Registered with the US Securities and Exchange Commission under the Investment Company Act, mutual funds offer investors the advantages of diversification and professional management for which they charge a management fee.
An investment fund in which the investment company raises money from shareholders and invests in stocks, bonds, options, futures, currencies, or money market securities. These funds offer investors the advantages of diversification and professional management.
a monetary investment that is put into a fund along with money from many other investors. There are hundreds of such funds in Canada, operated by hundreds of investment companies. Managers of a particular fund, in turn, invest that fund's money in other companies. Mutual funds vary widely in risk but are generally considered higher-risk investments. The Crocus Investment Fund is a Manitoba-based mutual fund that lends money to Manitoba companies that meet specific criteria.
An investment product that pools various investor's money and is managed by a professional portfolio manager who makes investments for the fund, on behalf of its investors. This portfolio manager will invest in varying securities (I.e. Stocks, bonds, debt security or derivatives), depending upon the objectives and profile of the fund.
A professionally managed portfolio of securities (stocks, bonds, cash, etc.) which enables investors to pool their money and reap the potential rewards (or suffer the possible consequences). An excellent investment vehicle for getting you to your investment destination — the problem is, there are so many cars on the lot, and only a few of them have a full tank of gas. Mutual fund companies buy and sell shares to the public for their underlying Net Asset Value (plus any Fees).
A pooled investment fund in which individuals can purchase units.
An investment company that enables investors to pool their funds in order to invest in a managed portfolio of securities.
A fund operated by an investment company that pools shareholder funds and invests in stocks, bonds, money market instruments and other securities. Advantages for investors include diversification and professional management.
An investment entity, which is managed by a professional money manager who invests according to the objectives of the fund. With a mutual fund, investors have access to professional management, an increased level of diversification and reduced overall investment costs.
A variety of stocks, bonds or securities grouped together and managed by a professional investment company and purchased by individual investors by shares. The shares possess no direct ownership value in the various companies.
A portfolio of stocks, bonds, and/or money market securities that is owned by many investors and managed by a professional investment company.
Group of shares consisting of different securities that are managed by an investment company.
A fund operated by an investment management company that raises money from fund holders and invests in stocks, bonds or other investments. These funds offer investors the advantage of diversification and professional management. There are a wide variety of mutual funds available offering different types of investments, levels of risk and management styles.
A common type of investment. Mutual fund managers bring together capital from a large group of individuals and invest it in a broad range of stocks, bonds, and other securities, with earnings goals typically based on some broadly accepted standard, such as the Dow Jones Industrial Average. There are many different types of Mutual Funds, mostly defined in terms of the securities upon which they are based. These include Stock Funds, Bond Funds, Money Market Funds, and many others.
The American equivalent to unit trusts where effectively investors pool their money and invest using the expertise of a professional fund manager.
An open- investment company that pools the money of its shareholders and invests in a diversified group of securities of other corporations.
See What is a Mutual Fund? in the Mutual Fund Guide.
An investment company that invests the money of its shareholders in a diverse group of securities of other corporations
A mutual fund is an investment vehicle that is offered by many investment companies and other financial institutions. A mutual fund is a diversified collection of investments, typically stocks and bonds, with many investors' money pooled into investing into the same fund. A mutual fund will typically have some kind of identifying product name.
A pool of stocks, bonds and/or other securities purchased and managed by professional investment managers.
a pooled fund of assets from many investors invested in individual securities, like stocks and bonds.
Mutual funds are investments that pool together the money of many investors and invest it in a variety of stocks, bonds, and money market securities. By owning a stake in a wide variety of investments, individual investors are protected from the possible ill fate of any particular investment. Unless you have enough money – and time – to invest in many different stocks, all of your stock investment should be in mutual funds.
A pool of money used by an a company to buy various assets — including stocks, bonds or money market instruments — on behalf of its shareholders. Mutual fund investments provide investors with diversification and professional management.
A type of investment in which the money of many investors is pooled together to buy a portfolio of different securities. The fund is managed by a professional who invests in stocks, bonds, options, money market instruments or other securities.
A mutual fund is a pool of money used to invest in different securities depending on the goals of the fund. Here in the Marketocracy competition, you are given the charge to create your own fund with one million dollars of fantasy cash with the goal of becoming one of the top investors in the competition by accruing the highest returns.
A type of investment that pools the money of many individuals and acquires a portfolio of securities that is owned proportionally by each investor.
A financial instrument that aims to match the performance of a theoretical index by buying exactly the same instruments that constitute the index and then deducting large fees to pay the mutual fund managers, for marketing the fund, and paying other associated expenses.
A professionally managed investment that pools the capital of many investors to trade in stocks, bonds, options, futures, currencies or other securities. Load funds charge sales fees, while no-load funds do not.
An investment company that puts unit holders' money in various instruments, usually securities, and must redeem the units, upon request, at the NAV.
A collection of money invested in a group of assets and managed by an investment company (a mutual fund company or other). The money comes from investors who want to buy shares in the fund. The benefits to investors in buying shares of mutual funds come primarily from diversification, professional money management, and capital gains and dividend reinvestment.
A pool of investors' money invested and managed by an investment adviser. Money can be invested in the fund or withdrawn at any time, with few restrictions, at net asset value (the per share market value of all securities held) minus any loads and/or fees.
An investment company which pools investors' assets and invests them in securities, typically stocks and/or bonds.
a collection of stocks, bonds or other securities that is owned by a group of investors but managed by a financial professional
An investment that pools the funds of many investors to provide them with professional management, diversification, and other advantages.
An investment company that pools money from shareholders and invests it in a variety of securities, including stocks, bonds, and short-term money market instruments. As open-ended investments, most mutual funds continuously offer new shares to investors.
a pool of money to which thousands of people contribute, which is then invested in various financial arenas
(go to top) An open-ended investment company (unit trust) that pools money from shareholders and invests in a variety of securities, including, stocks, bonds, and money market instruments. A mutual fund is obligated to buy back (redeem) its shares at their current net asset value; which depends on the market value of the fund’s portfolio securities at the time of redemption.
A fund managed by an expert who invests in stocks, bonds, options, money market instruments or other securities. Mutual fund units can be purchased through brokers or, in some cases, directly from the mutual fund company.
The pooled cash of many shareholders that is invested according to a stated objective, as defined by the fund's prospectus. Mutual funds can provide diversification with minimal investment.
An open-end management investment company whose primary activity is investing in the securities of a variety of companies, the purpose being to diversify its portfolio. The stock-holders in a mutual fund buy their shares from and sell them back to the fund in a direct sale, not through a stock exchange. "Open-end" means that the mutual fund can increase its capitalization by selling new shares to the public.
An investment entity that pools together shareholder or unit holder funds and invests in various securities depending on the nature of the fund. The units or shares are redeemable by the fund on demand by the investor. The market price of the units is based on the value of the underlying assets of the fund.
An investment product managed by an investment company that pools your money with that of many other investors to purchase stocks, bonds, options, commodities or money market securities. You actually purchase shares or units of the mutual fund, which can go up or down depending on the type and performance of the fund. For fund industry and product information for both advisors and investors, please see the Investment Funds Institute of Canada's Web site.
A pool a money gathered from many investors and used to purchase securities.
Composed of amounts pooled by investors to make a collective investment that is managed by a third party. This third party must, on demand, redeem the units at their net asset value.
An investment company that pools money from shareholders and invests in a variety of securities, including stocks, bonds, and money market instruments. A mutual fund stands ready to buy back (redeem) shares at current NAV; this value depends on the market value of the fund's portfolio at time of redemption. Most mutual funds continuously offer new shares to investors ( open ended fund). Mutual funds are priced once per business day, after market close (4 PM EST).
A company that invests in and professionally manages a diversified portfolio of securities and sells shares of the portfolio to investors.
A pooled group of investment assets that provides diversified holdings and professional management to investors. The total value of the investment is subdivided in equal shares and distributed among fund holders in proportion to their dollar investment. An open-ended investment company, which combines the money of many people whose investment goals are similar and invests this money in wide variety of securities.
Pools of money managed by investment companies regulated by the Investment Company Act of 1940. Mutual funds offer investors a variety of investment objectives, depending on the fund and its investment charter. Some funds, for example, seek to generate income on a regular basis. Others invest in companies they believe are growing at a rapid pace, while others may invest exclusively in a particular market sector, for example, technology funds.
A mutual fund is composed of amounts pooled by investors to make a collective investment that is managed by a third person, who must, on demand, redeem the units at their net asset value. The value of the securities forming the fund influences the current price of the fund units.
A company that pools the money of many investors to buy a large selection of securities that meet the fund's state investment goals
A professionally managed investment that sells shares to investors and pools the capital it raises to purchase stocks, bonds, or money market securities.
US term for a collective investment scheme.
A mutual fund is a professionally managed investment that pools the capital of thousands of investors to trade in stocks, bonds, currencies, or money market securities, depending on the investment objectives of the fund.
A pool of money managed by a portfolio manager, or a portfolio management team, that selects investments that best meet the investment objectives of the fund. Individual investors invest their money into mutual funds to create the pool of capital.
A fund made up of money mobilized from purchasing the investment unit by investors. The money is then invested in securities and other assets, in accordance with the fund's investment objective and plan specified at the time of offering. Different mutual funds have different investment objectives and plans, and so investors can choose to invest in a fund that meets their needs. Part of the fund's profit for each accounting period will be distributed as dividends to the unit holders; the remaining profit may be reinvested
A large pool of investors' dollars that are combined and invested by professional money managers to provide diversification of risk. | back to educate yourself
Popular name for the shares of open-end management investment companies. Such shares represent ownership of a diversified portfolio of securities, which are professionally managed and which are redeemable at their net asset value. The prospectus of the mutual fund will detail the features of the fund. The term also is used of any investment company security, but this usage is not common.
Fund that pools money from its shareholders in stocks, bonds, government securities, and short-term money market instruments.
An investment company that pools money from shareholders and invests in a diversified portfolio of securities. Mutual funds offer investors a variety of goals. Some funds, for example, seek to generate income on a regular basis. Others seek to preserve an investor's money. Still others seek to invest in companies that are growing at a rapid pace.
A mutual fund is a professionally managed investment company that pools money from shareholders and invests in a variety of securities, including stocks, bonds, and money market instruments. It issues shares to incoming investors at net asset value plus any applicable sales charges, and it redeems shares at net asset value less any redemption fees.
An investment company that buys and sells stocks, bonds, and other financial assets of publicly traded corporations and/or governments on behalf of a number of investors.
An investment company that pools money from investors and invests in a variety of securities, such as stocks, bonds, and money market securities.
Is an investment company which the number of shares outstanding varies according to demand. If investors seek to own more shares, the fund will sell new ones. If existing shareholders seek to reduce their holdings then the fund will purchase them at the Net Asset Value. In recent years, there have been new provisions which can slow down the redemption process. It had been the case that fund shares were to be redeemed immediately on demand. This type of investment company is also known as an Open End Fund because the number of shares outstanding can vary widely from day-to-day. Compare to Closed End Fund.
A pool of investments managed by a fund management company. Mutual funds, are also called "open-end" investment companies and they can be divided into three broad categories: stock funds, bond funds, and money market funds. Mutual funds are considered "open-end" for two reasons. First, they are required to redeem (or buy back) outstanding shares at any time upon a shareholder's request, and at a price based on the current value of the fund's net assets. Second, although not required, virtually all funds continuously offer new fund shares to the public. Go to Top
A mutual fund pools the dollars of many people, and undertakes to invest those dollars more productively than individuals could for themselves.
An investment in which a group of people put their money together and pay a manager to buy a collection of investments, like stocks from different companies or bonds.
the shorter and more popular term for an open-end investment company. See open-end fund, open-end investment company.
An open-end investment company that combines the money of thousands of people and invests it in a variety of securities in an effort to achieve a specific objective over time. Mutual funds offer the benefits of portfolio diversification (which provides greater safety and reduced volatility), professional management, and stand ready to buy back its shares at the current net asset value. Every fund's prospectus details information on the fund's objectives, fees, the management company, and more
An investment company or trust that uses its capital to invest in other companies. It sells its own stock to investors and stands ready to buy back old shares. Open-end funds are so called because their capitalization is not fixed; they issue more shares as people want them.
pools of money, the investment of which is managed by an investment company.
A mutual fund is a professionally managed pool of securities. A mutual fund offers the advantages of diversification-U.S. stocks and/or bonds in domestic funds, global funds (a combination of U.S. and foreign stocks and/or bonds) and international funds.
A fund operated by an investment company that raises money from shareholders and invests it in stocks, bonds, options, futures, currencies, or money market securities. These funds offer investors the advantages of diversification and professional management. A management fee is charged for these services. Funds also levy other fees such as 12b-1 fees, exchange fees and other administrative charges. Mutual fund shares are redeemable on demand at net asset value by shareholders, who all share equally in the gains and losses generated by the fund.
An investment company that continuously offers new shares in a managed portfolio of securities. All shareholders participate in the fundâ€(tm)s gains or losses. Each mutual fundâ€(tm)s portfolio is invested to match the objective stated in its prospectus. See Open and Closed End mutual funds.
An account with a broad range of investment options, each of which are diversified, reducing the risk to the participant.
A type of investment where the investment is spread across a variety of types of securities and is managed by professionals.
An investment company which pools the money of many investors and determines an asset allocation strategy to pursue in accordance with the fund's stated investment objectives. Mutual funds sell shares to the public, and offer the advantages of diversification and professional management.
An open-end investment company that buys back or redeems its shares at current net asset value. Most mutual funds continuously offer new shares to investors.
An investment company that continuously offers new equity shares in an actively managed portfolio of securities. All of the shareholders participate in the gains or losses of the fund. The shares are redeemable on any business day at the net asset value. Each mutual fund's portfolio is invested to match the objective stated in the prospectus.
A type of investment product that pools the money of those with the same investment objectives into a single place or fund. Mutual funds are typically managed by an investment company or portfolio manager that invests in stocks, bonds, options, precious metals and/or numerous other types of securities. A prospectus must accompany the sale of all mutual funds and the legality of funds is governed by the Investment Company Act of 1940. The Securities Exchange Commission oversees the regulation of mutual funds. Back
a fund created by an investment company by raising money from shareholders and investing it in an effort to meet the fund's objectives. Mutual funds generally offer greater diversification, lower risk, and lower management fees for a given amount invested than investing the same amount in a single stock or bond.
A Mutual Fund is an investment company whose sole business is to purchase stock in other companies, and turn a profit for their own customers. When you buy a share of a mutual fund, you're essentially buying into each and every company that that particular fund holds. Mutual funds are can be a good investment for those who are new to investing.
A diversified, professionally managed portfolio of securities that pools the assets of individuals and organizations to invest toward a common objective such as current income or long-term growth. Mutual funds are open-ended investment companies and are generally registered with the SEC under the Investment Company Act of 1940. Mutual funds issue redeemable shares, and are distinguishable from closed-end funds, whose shares are traded on the secondary market.
An investment company that pools the money of many shareholders and invests it in a variety of securities in an effort to achieve a specific objective over time.
An open-end investment company that offers the investor the benefits of portfolio diversification (provides greater safety and reduced volatility), and professional management. The shares are redeemable on demand at their net asset value. The fund invests the pooled assets into various investment vehicles including stocks, bonds, options, commodities and money market securities. How the fund invests is determined by the fund's objectives. The mutual fund's prospectus details this type of information plus information on any fees, the management company and other relevant data. See: Breakpoint; Diversification; Investment Company; Letter Of Intent; Money Market; Net Asset Value; Open End Management Company; Portfolio; Prospectus; Redemption; Risk; Volatility
A collective investment scheme, which is managed by a managent company. The investments held by the fund are valued daily and are divided in shares called units. The customer can buy or sell back units whenever he/she wants to enter or leave the fund.
An investment company that continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies. Money is collected from individuals and invested on their behalf in varied portfolios of stocks.
A professionally managed, diversified investment that enables investors to pool money with other investors. A diversified investment such as a mutual fund may reduce vulnerability to a major decline in any one market or sector. Mutual funds also offer the small investor the benefits of diversification, liquidity and professional management.
a pool of assets invested in securities on behalf of its shareholders by an investment company; the owners of the fund hold shares priced daily at the net asset value; the net asset value is determined by the closing prices of all securities held minus management and other fees and expenses
A registered investment company that pools the money of many investors and makes investments for its shareholders in pursuit of a stated goal. Mutual funds are a popular way to invest because of the advantages they offer, including professional management and diversification.
A type of investment designed to pool investors' money and invest them in stocks, bonds and other types of investments. There are two types of mutual funds. First is the open-end, which continuously accepts new investors. The second type is closed-end, which only sells a specific number of shares in the mutual fund and then closes at a specific date.
A fund managed by an investment company that raises money from individuals and invests it in stocks, bonds, commodities, or money market securities. It is professionally managed for the benefit of the shareholders. Each of your shares in the fund represents part ownership of many different stocks, bonds, options, commodities, or money market securities.
A registered investment company that pools the money of many individuals and institutions and invests it on their behalf. Mutual funds can invest in a wide variety of investments, including stocks, bonds and money market instruments.
the common name for an open-end investment company. Like other types of investment companies, mutual funds pool money from many investors and invest the money in stocks, bonds, short-term money-market instruments, or other securities. Mutual funds issue redeemable shares that investors purchase directly from the fund (or through a broker for the fund) instead of purchasing from investors on a secondary market.
a savings fund that uses cash from a pool of savers to buy a wide range of securities, like stocks, bonds, and real estate. This is a way to diversify your investments because you own small units of each of the fund's investments. The fund is managed by professionals and permits small amounts of money to be invested.
A fund operated by a professional investment firm that raises money from shareholders and invests it in a variety of stocks, bonds, money market instruments, futures or commodities that meet the investment objectives of the fund. Mutual funds allow investors to benefit from professional management and asset diversification, for which a fee is charged.
A company that pools the money of many investors and buys stocks or bonds with this money. Risk is reduced when many stocks or bonds are bought.
An investment that lets a group of people pool their assets in a mixed portfolio of securities, such as stocks, bonds or money market instruments. An investment company then professionally manages the assets in the portfolio in an effort to achieve a specified investment objective, such as growth or income.
A collection of stocks, bonds, or other securities purchased and managed by an investment company with funds from a group of investors.
Fund which is raised from customers and operated by an asset management company to invest in the stock, bond and money markets.
A collection of securities in a portfolio that is managed by an investment company. The advantages are diversification and professional money management.
An entity that pools the money of many individuals and is invested by professional investment managers in a wide range of securities on their behalf.
A fund established by an investment management company to invest the pooled money of individual shareholders in a diversified portfolio of securities selected to meet stated goals (for example, current income, capital growth). New shares are sold and outstanding shares redeemed on demand; all transactions are made at the fund's net asset value, which fluctuates daily. Funds offer their shareholders diversification, liquidity and professional management.
Pools of money managed by an investment company and regulated by the Investment Company Act of 1940. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds seek to generate income on a regular basis. Others seek to preserve an investor’s money. Still others seek to invest in companies that are growing at a rapid pace. Funds can impose a sales charge, or load, on investors when they buy or sell shares. No-load funds impose no sales charge.
a collection of stocks, bonds or other securities owned by a large group of often-small investors and managed by a professional fund manager.
A pool of money invested in stocks and bonds. Funds are categorized by their objectives and the following lists them in what is often perceived as decreasing level of risk: international funds global funds aggressive growth funds growth funds growth and income funds balanced funds.
The pooled cash of many shareholders that is invested according to a stated objective, as defined by the fund's prospectus. See The Truth About Mutual Funds.
Another common term for investment funds, especially in the United States.
A professionally-managed pool of stocks, bonds, and other investments. The public invests by purchasing shares in the fund.
Fund operated by an investment company that pools money from shareholders and invests it in a diversified portfolio of securities. Each portfolio is invested according to a predetermined investment objective, and may be conservative to aggressive. A-H R-Z net asset value The current worth of a share in a particular fund, calculated by totaling the market value of all securities owned by the fund, plus cash and other assets, subtracting any liabilities and dividing the result by the number of fund shares outstanding. Share prices increase or decrease based on activity in the underlying securities of the fund. Also called "NAV", "share price" or "share value."
An investment company that offers and sells outstanding securities which are redeemable on demand by the shareholder at current net asset value. All owners of the fund share in the gains or losses of the fund.
mutual fund - malignant pleural mesothelioma.
A regulated investment company with a pool of assets that regularly sells and redeems its shares. Managers buy and sell assets with the income, gains and losses accruing to the owners. The fund stands ready to buy back it's shares at their net asset value. The funds may be either load (fees to administer the fund) or no load (no fees). Click the links below for the other pages of the glossary. Glossary A-D Glossary E-H Glossary N-R Glossary S-W Site Map 1 Site Map 2 Site Map 3 Site Map 4 Resources/Partners Search this site or the web powered by FreeFind Site search Web search Your Dollars And Sense-Budgets.Com Helping You To Keep More Of Your Dollars And Cents
A group of investors pooling money in specialised areas
The idea of a mutual fund was to pool individual investor's money together to purchase stocks from various companies that would otherwise be to expensive to purchase. By pooling this money together individual investor's can buy a mutual fund that contains many different companies. This helps lower investment risk by spreading the dollar in a more broad-based manner. There are stock mutual funds, bond mutual funds, and a combination of stock & bond mutual funds. ASDAQ National Association of Stock Dealer's Automated Quotation (NASDAQ) system. This is computerized system that provides brokers and dealers with price quotes for many different stocks that are traded Over The Counter (OTC) and through the New York Stock Exchange (NYSE. )
The most common type of investment used in retirement plans. A mutual fund is a professionally managed pool of stocks, bonds, and other securities which are owned "mutually" by the funds investors in proportion to their investment in the fund. The amount of risk varies among the different investments in the fund. In this way, your investment is diversified. There are four primary and basic types of mutual funds: growth, income, growth & income, and money market.
A company organized to pool and invest money received from its shareholders. The fund manager invests the money in stocks, bonds or other securities according to the fund's investment goals. Investors make money (1) from dividends or interest earned on the stocks or bonds in the portfolio, or (2) from any profits made on the sale of securities held in the portfolio, which are known as capital gains.
A pool of moneys that is professionally managed and invested in specific types of vehicles, such as stocks or bonds, with specific objectives.
A mutual fund is a group of securities owned by a group of investors. It is managed by investment professionals who make buy and sell decisions for the group. Investors choose to purchase shares in mutual funds for a couple of reasons: they can diversify their holdings more easily with a smaller amount of money (because the mutual fund has the money to buy shares in many different types of securities); and they can rely on investment professionals to make trading decisions for them.
A type of investment company that offers for sale or has outstanding securities which it has issued and which are redeemable on demand by the fund at current net asset value. All owners in the fund share in the gains or losses of the fund. Also see Investment Company.
(See: Investment company)
A fund operated by a professional investment firm, such as AIM Trimark Investments, that raises money from shareholders and invests it in a variety of stocks, bonds, money market instruments, futures and commodities.
A portfolio of stocks, bonds or other securities that is managed by an investment company, in which individuals can buy, hold and sell shares, The purchasers of units in a mutual fund are usually paid annual dividends in additional shares in the fund based on how the investments in the fund perform over the year.
An investment company that buys a portfolio of securities selected by a professional investment adviser to meet a specified financial goal. Mutual fund investors buy shares in the fund that represent ownership in all the fund's securities. A mutual fund stands ready to buy back its shares at their current net asset value, which is the total market value of the fund's investment portfolio, minus its liabilities, divided by the number of shares outstanding. Most mutual funds continuously offer new shares to investors.
A pool of investments of a certain pre-ordained type that only go up regardless of market conditions. For this extraordinary performance, investors expect to pay no more than 0.01% management fees. Anything higher is an obvious rip-off from greedy money managers and mutual fund companies.
A fund operated by an investment firm that raises money from shareholders and invests in a group of assets, in accordance with the prospectus's stated set of objectives. Typically highly diversified.
An investment company that pools money from shareholders and invests in a variety of securities, including stocks, bonds and money market instruments. A mutual fund stands ready to buy back (redeem) its shares at their current net asset value, which depends on the total market value of the fund's investment portfolio at the time of redemption. As open-end investments, most mutual funds continuously offer new shares to investors.
A pool of stocks, bonds. or other securities purchased by a group of investors and managed by a professional/registered investment company. The investment company itself is also commonly referred to as a mutual fund.
A company or trust whose business it is to invest in the securities of other companies, banks, governments, or municipalities. Mutual funds have a stated investment objective and buy securities to help meet this goal.
An open end investment company that pools investors' money to invest in a variety of stocks, bonds, or other securities. A mutual fund issues and redeems shares to meet demand, and the redemption value per share is the net asset value per share, less in some cases a redemption fee which represents a rear-end load. A closed end fund, often incorrectly called a mutual fund, is instead an investment trust. Both are investment companies regulated by the Investment Company Act of 1940.
A pooling of many investors’ money for specific investment purposes. The fund is managed by a management company, which is responsible for adhering to the purpose of the fund.
a corporation, or a product offering of a corporation, which invests the collective money of multiple individuals in a group of securities larger than the individuals could themselves invest in. Regulated by the SEC.
An investment company that invests the money of its shareholders in a (usually) diversified group of securities to achieve a specific objective over time.
An investment company that pools the money of many investors who share common or "mutual" investing goals in order to invest in securities, such as stocks, bonds or money market instruments. Mutual fund advantages typically include low-cost diversification and professional management.
An investment company that pools money from shareholders and invests according to a certain objective in a variety of securities, including stocks, bonds, and money market instruments. A mutual fund stands ready to buy back (redeem) its shares at their current net asset value; this value depends on the market value of the fund's portfolio securities at the time of redemption. Net Asset Value (NAV) Per Share: The market worth of one share of a mutual fund. This figure is derived by taking a fund's total assets-securities, cash, and any accrued earnings-deducting liabilities, and dividing by the number of shares outstanding. NAV is priced on a daily basis and is subject to change.
A pooled investment, in which several people give their money to a professional fund manager to invest in return for a fixed annual fee. The money will be invested in a range of different types of assets. The assets in which the fund can invest are clearly stated in the fund Prospectus.
a pool of money that's invested for a large number of investors by a professional money manager
An investment company that enables its shareholders to pool their funds to be professionally managed as a single investment account.
A fund operated by an investment company that pools a large amount of investors' money and invests it. The monies are invested in a wide variety of assets such as individual company stocks, bonds, and other funds that pool stocks and bonds. Mutual funds provide investors the benefit of diversification (spreading out their money to mitigate risk) and professional management.
A mutual fund is an option for investors to pool their capital to buy stocks or other securities selected by investment professionals. Mutual funds are classified according to their investment objectives and may be compromised of stocks, bonds, or a combination.
An investment company that enables its shareholders to pool their funds for professional management as a single investment account.
A professionally managed fund wherein the company invests its shareholders investments, usually in stocks and bonds.
A professionally managed, diversified investment that enables you to pool your money with that of other investors. A diversified investment such as a mutual fund may make you less vulnerable to a major decline in any one market or sector than ownership of a single security.
An investment product in which your money is pooled with the money of many other investors. A professional manager(s) uses the pooled money to buy a portfolio of investments or securities, and monitors each of the investments on an ongoing basis. There are many varieties of mutual funds, each with specific objectives. By investing in a mutual fund, you purchase units of that fund. The value of your units can go up or down depending on the type and performance of the mutual fund.
A mutual fund is a type of investment where a group of investors collectively own shares of stocks or bonds. You buy shares of a mutual fund as you would stock. Mutual funds are not federally insured. To beginning of page
A diversified, professionally managed portfolio of securities that pools the assets of individuals and organisations to invest toward a common objective such as current income or long-term growth. A mutual fund is a regular investment company registered under a prospectus.
A unique investment pooling money in a wide range of investments, managed by different money managers to attain best performance of various funds invested in. Regulated by the SEC.
An investment pool of money from several investors who use that money to buy stocks, bonds or other investment options.
A kind of investment that a company makes on behalf of shareholders . The company sells shares in the fund and invests the money in a group of assets , usually securities . The fund's managers make investment decisions according to stated objectives.
A pool of money managed by an investment company.
A pooled investment vehicle whose securities are managed for a fee by a professional investment group.
A mutual fund brings together money from many people and invests it in stocks, bonds or other assets. The combined holdings of stocks, bonds or other assets the fund owns are known as its portfolio. Each investor in the fund owns shares, which represent a part of these holdings.
see definition of fund in glossary
A collection of money invested in a group of assets (stocks, bonds and other securities) and managed by an investment company (a mutual fund company or other). The combined holdings of the stocks, bonds and other securities and assets the fund owns are known as its portfolio. Each investor owns shares of the portfolio; each shares represents a percentage ownership in the portfolio holdings.
An investment entity that pools shareholder or unitholder funds and invests in arious securities. The units or shares are redeemable by the fund on demand by the investor. The value of the underlying assets of the fund influences the current price of units.
A professionally managed portfolio of stocks and bonds or other investments divided up into shares.
An American term for certain forms of collective investments. Mutual funds are similar to unit trusts in that individual investors are entitled to an interest in a portfolio of securities, but different in the sense that they are offered through a corporate legal structure rather than through a trust arrangement.
Pooled money from shareholders that is invested in a variety of securities, including stocks, bonds and money market securities. Mutual funds offer the individual investor the advantages of diversification and professional management.
A security that gives small investors access to a well diversified portfolio of equities, bonds, and other securities. Each shareholder participates in the gain or loss of the fund. Shares are issued and can be redeemed as needed. The fund's net asset value (NAV) is determined each day. Each mutual fund portfolio is invested to match the objective stated in the prospectus.
An institution that sells shares to the public and uses the proceeds to buy a portfolio of stocks and bond.
Mutual funds are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds, for example, seek to generate income on a regular basis. Others seek to preserve an investor's money. Still others seek to invest in companies that are growing at a rapid pace. Funds can impose a sales charge, or load, on investors when they buy or sell shares. Many funds these days are no load and impose no sales charge. Mutual funds are investment companies regulated by the Investment Company Act of 1940. Related: open-end fund, closed-end fund.
an investment fund that issues or buys back shares representing partial ownership of a portfolio of actively managed securities ƒI[ƒvƒ“ƒGƒ“ƒhiŒ^j“ŠŽ‘M
Mutual funds have a specific investment objective that invests money from many investors into a diversified portfolio of stocks, bonds or other securities.
a professionally-managed securities fund that pools the money of a number of investors
Mutual funds are investment companies whose job it is to handle their investors' money by reinvesting it into stocks, bonds, or a combination of both. Mutual funds are divided into shares and can be bought much like stocks, allowing mutual funds to have a high liquidity. Mutual funds are convenient, particularly for small investors, because they diversify an individual's monies among a number of investments. Investors share in the profits of a mutual fund, and mutual fund shares can be sold back to the company on any business day at the net asset value price. Mutual funds may or may not have a load, or fee; however, funds with a load will provide advice from a specialist, which may help the investor in choosing a mutual fund.
A type of investment that pools money and invests it in different securities. Investors own a proportionate amount of the fund’s holdings. Mutual funds offer the small investor the benefits of diversification, liquidity and professional management.
An investment company that invests in a group of securities, either stocks, bonds, or both, based on a stated investment objective. People can invest in a mutual fund by buying shares, which are units of ownership in the fund. A mutual fund will hire an investment advisor, which is a company that provides investment advice. In turn, that advisor will assign investment professionals known as portfolio managers to manage the fund's portfolio.Since all mutual funds have expenses, all mutual funds charge fees to their shareholders. Generally, fees are deducted from the fund's assets prior to the calculation of an investment return.
An investment company that raises money by selling its own stock to the public. It then invests the proceeds in other securities. and the value of its own stock fluctuates with its experience with the securities in its portfolio. Mutual funds are of two types: (1) Open-end, in which capitalization is not fixed and more shares may be sold at any time. (2) Closed-end, in which capitalization is fixed and only the number of shares originally authorized may be sold.
An open-ended investment company that invests money of its shareholders in a usually diversified group of securities of other corporations.
A fund operated by an investment company that raises money from shareholders and invests in a group of stocks, bonds, or other investments. It is professionally managed for the benefit of the shareholders. Each share in the fund represents part ownership of many different stocks, bonds, etc.
A Mutual Fund (MF) is a form of trust that pools the funds of a whole lot of investors to make more money by investing in an array of financial instruments.
An investment company that pools money from shareholders and invests according to a certain objective in a variety of securities, including stocks, bonds, and money market instruments. A mutual fund stands ready to buy back (redeem) its shares at their current net asset value; this value depends on the market value of the fund's portfolio securities at the time of redemption. Nelson's: An independent monitoring service, which carries a data base evaluating institutional investment managers by performance results in each of 200+ categories, ranked by investment style and time period. There are now 2,600 managers and over 8,000 performance composites included, making it the most comprehensive database of its kind. The consultant and plan sponsor communities utilize this centralized body of data when looking for manager candidates.
A mutual fund is a form of collective investment that pools money from many investors and invests their money in stocks, bonds, short-term money market instruments, and/or other securities. In a mutual fund, the fund manager trades the fund's underlying securities, realizing capital gains or losses, and collects the dividend or interest income. The investment proceeds are then passed along to the individual investors.