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

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Shortly after the book came out, in 1973, Wells Fargo and American National Bank launched the first index mutual funds for institutional customers. —

Alexandra Andhov, Forbes, 15 Jan. 2025 Individuals should invest in climate adaptation through green bonds, sustainable mutual funds, or donations to non-profits. —

Yaakov Katz, Newsweek, 13 Jan. 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, 11 Jan. 2025 Designate a percentage of your salary to contribute to the account out of each paycheck and select one or more mutual funds for your portfolio. —

Ryan Ermey, CNBC, 5 Jan. 2025 See all Example Sentences for mutual fund