Mutual Fund Meaning & Definition

Trusted Experts

For more than 25 years we’ve helped students pass over 250,000 exams and we’ve done so with  industry leading pass rates!

Guaranteed to pass

Pass  our Greenlight guaranteed practice exam & we guarantee you’ll pass your exam – or your money back!*

Live chat & Phone Support

We’re with you every step of the way, from the time you purchase until the time you pass our trusted experts are here to answer all of your questions!

Definition of Mutual Fund

An investment company that invests in and manages a portfolio of securities for its shareholders. Open end mutual funds sell its shares to investors on a continuous basis and must stand ready to redeem its shares upon the shareholders request.

Applying "Mutual Fund" to Securities Exams: