What is Mutual Fund?
Mutual Fund A regulated investment vehicle pooling funds from multiple investors to purchase a diversified portfolio of securities managed by a professional asset manager.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Mutual Fund” Used in Practice?
Investors in a mutual fund benefit from diversification and professional management, with regulatory protections under securities laws.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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What is Mutual Fund?
A regulated investment vehicle pooling funds from multiple investors to purchase a diversified portfolio of securities managed by a professional asset manager.
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