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mutual fund company

mutual fund company

2 4.9
A business that manages money from many people and sells shares so they can invest
  • noun
  • /ˈmjuːtʃuəl fʌnd ˈkʌmpəni/
  • Specialized
translation icon : compañía de fondos mutuos
  • My clients will still pay a no-load, low-cost mutual fund company like Vanguard 0.1% to 0.2% management expense for their investments, but none of that goes to me.
  • brokerage and mutual fund company
  • firm and mutual fund company
  • mutual fund company and banks

Examples

  • Mellody Hobson, president of Ariel Investments, LLC, a Chicago-based investment firm managing over $3 billion in assets, and one of the largest African American-owned money management and mutual fund companies in the United States, has been named DreamWorks Animation SKG, Inc. Chairman of the Board.

    Blog text (3)
  • An estimated 83 million Americans own shares in mutual fund companies.

  • What next, mutual fund companies?

    Blog text (21)
  • You know, when I joined the mutual fund company was called Venture Advisors.

  • intox.com, which is the new banking and mutual funds company on the Internet that I've started, bigexactlyx.com.

  • intox.com, which is the new banking and mutual funds company on the Internet that I've started exactly x.com.

  • Since they rely only on management fees, for example, mutual-fund companies have an incentive to focus on boosting the volume of the money under their management rather than on their investment performance.

    Academic text (2007)
  • During the 2008-2009 financial crisis, for example, men were more likely than women to sell shares of stock at market lows, which led to bigger losses among male traders—and fewer gains when some of the stock values began to rise again—according to a study by Vanguard, a mutual fund company.

    Blog text (9)
  • USA TODAY asked the 40 largest mutual fund companies for minority employment data.

  • The Securities and Exchange Commission regulates many mutual fund companies to ensure fair practices.

Synonyms

investment company
vsmutual fund company
  • Specialized
6 3.0

A business that collects money from many people and buys shares or bonds for them

focuses on regularly selling and redeeming shares directly to investors
open-end investment company
vsmutual fund company
  • Specialized
8.1

A company that sells and buys back shares any time at a price based on its assets

sells and redeems shares regularly without specifying price calculation

Surface Forms

Morphology

mutual + fund + company

The phrase is transparently compositional: 'mutual' (shared), 'fund' (a pooled investment), and 'company' (an organization) combine to indicate an organization that manages a mutual fund. This follows normal noun-modifier patterns and is cross-linguistically predictable, so a B1 learner who knows the constituent words can infer the meaning.

Etymology

Mutual fund company comes from the idea of many people putting money into one shared pot. The word mutual means 'shared' and fund is that pot of money, and the company looks after the pot and sells 'shares' so people can 'invest' together, which is why it means a company that manages money for many investors.