English version

mutual fund in Stocks & shares topic

From Longman Dictionary of Contemporary Englishmutual fundˈmutual fund noun [countable] American English  BFSan arrangement managed by a company, in which you can buy shares in many different businesses syn unit trust British English
Examples from the Corpus
mutual fundWhilst I am still in favour of a mutual fund, I think the current risk banding is rubbish.Now, plans are being made cheaper and easier, allowing mutual fund companies to exploit this previously unattractive market.A money market mutual fund is conceptually simple.The mutual fund company still owns about 4. 71 million Merrill shares and 2. 08 million shares of Morgan Stanley.