Mutual Fund
/ˈmjuːtʃuəl fʌnd/
Definitions
- (n.) An investment vehicle pooling money from multiple investors to purchase securities, regulated under securities law to protect investors.
The mutual fund diversified its portfolio to reduce risk.
Forms
- mutual fund
- mutual funds
Related terms
See also
Commentary
In legal contexts, mutual funds are subject to regulations such as registration, disclosure, and fiduciary duties to protect investors.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.