mutual fund

noun

: an open-end investment company that invests money of its shareholders in a usually diversified group of securities of other corporations

Examples of mutual fund in a Sentence

She invested her money in a mutual fund.
Recent Examples on the Web About 62% of Americans say they are invested in the stock market, which can include individual stocks, mutual funds or money saved in a retirement savings account, according to Gallup. Aimee Picchi, CBS News, 15 May 2024 Whereas schools tended to own stocks in the 1970s and ’80s, when the South Africa divestment movement was active, many now own mutual funds. Jackie Valley, The Christian Science Monitor, 3 May 2024 The rest of the university endowment is invested in commingled or mutual funds (this reality did lead to students pushing fund managers like Fidelity Investments and Berkshire Hathaway to divest from Sudan). Scott Warren, TIME, 3 May 2024 Here in Burlington, for example, the University of Vermont released this week a list of nearly 90 mutual funds it’s invested in. Jackie Valley, The Christian Science Monitor, 3 May 2024 Other financial firms, such as broker-dealers, earn commissions from selling stocks, bonds or mutual funds and need only provide suitable advice. Paul Davidson, USA TODAY, 23 Apr. 2024 Many American mutual funds have stakes, including those with an international or tech-focused investment orientation. Russ Wiles, The Arizona Republic, 9 Apr. 2024 Rob Arnott is founder and chairman of Research Affiliates, a firm that oversees investment strategies for $139 billion in mutual funds and ETFs. Shawn Tully, Fortune, 24 Feb. 2024 Powerful institutional investors like mutual funds and index funds typically run the show. Lauren Hirsch, New York Times, 30 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'mutual fund.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1932, in the meaning defined above

Time Traveler
The first known use of mutual fund was in 1932

Dictionary Entries Near mutual fund

Cite this Entry

“Mutual fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mutual%20fund. Accessed 28 May. 2024.

Legal Definition

mutual fund

see fund sense 2

More from Merriam-Webster on mutual fund

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