Notices

Mutual fund

From Traderpedia

Definition:
A pool of money managed by an investment company.


Typically this pool is invested in a range of securities, stocks, bonds, options or commodities.

Funds can have different goals. Some will look to generate income on a regular basis, whilst others will be structured more for the preservation of capital.

Depending on the particular fund, they can impose fees for investors when they either buy or sell shares.