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 ?
Quadrus Group of Funds is distributed exclusively through Quadrus Investment Services Ltd.
RWE and a group of funds managed by Macquarie Infrastructure and Real Assets (MIRA), agreed on 19 February to expand their partnership in the operation of natural gas distribution networks in the Czech Republic.
Oates, independent chairman of the board of the John Hancock Group of Funds, was named 'Trustee of the Year' by Fund Director Intelligence, a publication of Institutional Investor, at the 21st Annual Mutual Fund Industry Awards event held in New York City.
Capital group of funds, of sole control of Der Grune Punkt - Duales System Deutschland GmbH and its subsidiaries (DSD).
Prior to joining the Aquila Group of Funds, Thompson was a senior vice president, underwriter and municipal bond trader with Wells Fargo Brokerage Services and First Security Bank in Salt Lake City.
EQT Partners acts as investment adviser to the EQT group of funds, which represent approximately EUR10.5bn in assets.
The one disappointment in the small group of funds BE suggested was the Nations Balanced Target Maturity Fund (NYSE: NBM).
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.
This group of funds seeks out what he calls "inefficiencies" in the marketplace, and through management and capital improvement strategies, are able to exit through the increase in the assets' appeal to other, more traditional institutional buyers.
From November 1, 2009, BMO Investments, Inc (BMO.TO) and Guardian Group of Funds Ltd are expected to amalgamate to form a single legal entity.
The 13-year-old Enterprise Group of Funds is poised for growth now that its parent company, MONY Group Inc., is better capitalized.

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