American Heritage® Dictionary of the English Language, Fourth Edition
- n. An investment company that continually offers new shares and buys existing shares back at the request of the shareholder and uses its capital to invest in diversified securities of other companies.
- n. finance A form of collective investment in which money from many investors is pooled and invested in stocks, bonds, short-term money market instruments, and/or other securities under the direction of a fund manager.
- n. a regulated investment company with a pool of assets that regularly sells and redeems its shares
- n. the pooled money that is invested in assets
“A multifund is a mutual fund that invests in shares of other mutual funds.”
“Most noload mutual fund families offer retirement plans for small business owners and self-employed professionals.”
“Appreciables include a home with a mortgage, margined mutual fund shares, rental real estate, and a leveraged business or IRA.”
“For one study, he focused on investors in the famed Fidelity Magellan fund, which during a certain ten-year period was the best performing mutual fund on the planet.”
“TYPE: The two-letter code used by the Givens Organization to identify the mutual fund type.”
“And when I quit my job at the mutual fund I bought The New Yorker Book of Poems—the big yellow book—and I discovered Snodgrass, Kunitz, Nemerov, and Moss.”
“One of the best, safest, and easiest-to-use tax shelters remaining after tax reform, and an ideal investment for the Money Movement Strategy, is a self-directed annuity, which is actually a tax-deferred mutual fund family.”
“For information on a managed mutual fund account that follows the Money Movement Strategy, call Wealth Asset Managers at 1-800-487-4147.”
“Send 10% out of each paycheck to Twentieth Century and use the Money Movement Strategy Chapter 30 to choose the right kind of mutual fund for the current economy.”
“Choose the right type of mutual fund for the current economic conditions by using the Money Management Strategy Chapter 30.”
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