| |
| Definitions
of Mutual Fund on the Web : |
|
Fund
operated by an investment company that raises money from shareholders
and invests it in stocks, bonds, options, commodities or money market
|
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. |
| A
pool of money managed by an investment company. |
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. |
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
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 professional(s) who invest in stocks, bonds, options,
money market instruments or other securities. |
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 than ownership of a single security. |