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| | Mutual fund - Wikipedia, the free encyclopedia |
 | | Mutual fund distributions of tax-free municipal bond income are also tax-free to the shareholder. | | | The value of a share of the mutual fund, known as the net asset value (NAV), is calculated daily based on the total value of the fund divided by the number of shares purchased by investors. | | | Mutual funds are subject to a special set of regulatory, accounting, and tax rules. |
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http://en.wikipedia.org/wiki/Mutual_funds
(4168 words)
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| | Mutual Fund - Glossary - Encyclopedia - Library - VC Experts |
| | A mutual fund, or an open-end fund, sells as many shares as investor demand requires. | | | Open-end funds are sometimes closed to new investors, but existing investors can still continue to invest money in the fund. | | | If an investor wishes to buy additional shares in a mutual fund, the investor must buy newly issued shares directly from the fund. |
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http://vcexperts.com/vce/library/encyclopedia/glossary_view.asp?glossary_id=76
(268 words)
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| | mutual fund - Columbia Encyclopedia article about mutual fund |
| | Common mutual funds, which often provide skilled management for security holdings, include stock, bond, balanced, index, and money-market funds money-market fund, type of mutual fund that invests in high-yielding, short-term money-market instruments, such as U.S. government securities, commercial paper, and certificates of deposit. | | | Stock funds mainly invest in common shares, and bond funds in bonds; such funds may specialize in a particular category of stocks or bonds (such as Internet stocks or municipal bonds). | | | A mutual fund, also called an open-end investment company, owns the securities of several corporations and receives dividends on the shares that it holds. |
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http://columbia.thefreedictionary.com/mutual+fund
(454 words)
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