group of funds

Fund Family

A set of mutual funds managed by a single company. The funds within a fund family have different investment goals and/or strategies. However, because the same company manages the whole family, individual investors may generally move money from one fund to another without extra commissions or fees. This allows investors to be flexible in their own investment goals according to their particular needs at a given time. A fund family is also called a group of funds.

group of funds

References in periodicals archive ?
TO) and Guardian Group of Funds Ltd are expected to amalgamate to form a single legal entity.
Grant's standard approach is to recommend a small group of funds that she can monitor closely.
is being sued by a group of funds associated with a New York money manager over the recently renegotiated terms of the struggling financial-services company's outstanding debt.
adviser to the Quantitative Group of Funds, has announced Quant Long/Short Fund, Inc.
The 13-year-old Enterprise Group of Funds is poised for growth now that its parent company, MONY Group Inc.
WM Group of Funds Joins Principal Funds - Together the Nation's Fourth Largest Lifecycle Fund Manager
investment manager of the WM Group of Funds -- and its subsidiaries.
As well as providing management and advisory services to institutional clients, the firm and its affiliates provide individuals with a broad array of investment options, including the US-based Seligman Group of Funds with more than 50 portfolios.
investment manager of the WM Group of Funds -- and its subsidiaries for $740 million in cash, subject to closing adjustments.
NEW YORK -- The Aquila(SM) Group of Funds, known for its strategic investment opportunities, has partnered with Three Peaks Capital Management, LLC and its well-known high-yield bond fund manager Sandy Rufenacht to launch Aquila Three Peaks High Income Fund.
As well as providing management and advisory services to institutional clients, Seligman manages a broad array of investment options, including the US-based Seligman Group of Funds with more than 50 portfolios, and an investment option offered within North Carolina's National College Savings Program, a 529 program.
Founded in 1995, Covington Group of Funds is one of Canada's largest and most experienced venture capital fund providers.

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