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.
13 /PRNewswire/ -- A class action lawsuit has been brought in the United States District Court for the Southern District of California, asserting that Washington Mutual maintained and failed to disclose a "preferred list" of proprietary mutual funds while concealing from investors revenue-sharing and other incentive programs intended to sell the WM Group of Funds.
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.
27 /PRNewswire-FirstCall/ -- Baltimore based MTB Group of Funds has acquired two municipal bond funds from Friedman, Billings, Ramsey Group, 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
The MTB Group of Funds was launched today, offering the combined strengths and synergies resulting from the reorganization of the VISION Group of Funds, a mutual fund family advised by the M&T Asset Management Department of M&T Bank; and the ARK Funds, advised by Allied Investment Advisors, Inc.
investment manager of the WM Group of Funds -- and its subsidiaries.
Ugolyn is a Board Member of MONY Securities Corporation, MONY Life Insurance Company of the Americas, MONY Bank and Trust Company, Enterprise Capital Management, Enterprise Group of Funds, Enterprise Accumulation Trust, Enterprise International Group of Funds, and Enterprise Global Funds plc.
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.

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