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Related to fund: mutual fund, trust fund

Mutual Fund

A pool of liquidity that an investment company places in various securities and/or derivatives with the goal of producing a certain return. Mutual funds may carry greater or lesser risk, depending on their particular investment goals. Mutual funds are actively managed by the company to maintain the investment goals. The company issues shares that represent a portion of ownership in each of the securities underlying the fund. Mutual funds are designed for investors who wish to take advantage of a highly diversified portfolio without a large amount of capital. See also: Open-end, Close-end.

fund

References in periodicals archive ?
This can cause so many buys and sells that the costs escalate and the fund is disrupted, to the detriment of its long-term shareholders.
Thus, the fund is not actively managed like funds with specific fund objectives.
Spitzer alleged that several companies, including Bank of America Securities and Janus Capital Management, had questionable dealings with hedge fund company Canary Capital Partners L.
These market timing or stale price trades inflict harm on existing investors in a fund, who are normally small investors who simply buy and hold a fund for the long term.
This endowment fund was established by MTNA to honor Richard Chronister, who was both a leading expert and pioneer in the field of piano pedagogy.
While the Dow, S&P 500 and Nasdaq dropped 6, 9 and 39 percent, respectively, the average hedge fund rose 8 percent.
Launched in 1971, it is the oldest social mutual fund but is showing that it can still sizzle financially.
Funds that don't track an index, or actively-managed funds, average about 1 percent a year in expenses that customers pay, said Russell Kinnel, head of equity fund research at Morningstar, a mutual fund rating agency in Chicago.
Twenty-eight million mutual fund accounts had been opened by 1984, and that number was rising every year.
The first category consists of those organized by one or more individuals with particular trading philosophies such as Soros Fund Management, Tiger Management Corporation, and Steinhardt Management Company.
The Trustees have approved in principle a plan to merge Putnam Tax-Free Health Care Fund (NYSE: PMH) into Putnam Tax Exempt Income Fund, an open-end fund also managed by Putnam Investments.
When shooting for absolute performance, a hedge fund might sell short, use leverage, trade put and call options, trade futures and invest in emerging markets.