What is another word for mutual funds?

Pronunciation: [mjˈuːt͡ʃuːə͡l fˈʌndz] (IPA)

Mutual funds are a type of investment that pools money from multiple investors to purchase securities such as stocks, bonds, and other financial assets. This type of investment provides diversification and professional management to investors with limited capital to invest in individual securities. Synonyms for mutual funds include collective investment schemes, investment funds, and open-end funds. Other terms used to describe mutual funds include equity funds, fixed-income funds, and index funds. Mutual funds can be actively managed by a fund manager or passively managed by tracking a market index, such as the S&P 500. Overall, mutual funds remain a popular investment choice for many people who seek a well-diversified portfolio with high long-term returns.

What are the hypernyms for Mutual funds?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Mutual funds

  • And I think the more money you put in people's hands, the more they will spend And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.
    Michael Bloomberg
  • I think those who invest in mutual funds want someone else to do the thinking for them. But the fact that they can move the money around the family of mutual funds just through a phone call lets them feel that they can play tycoons.
    Ron Chernow
  • The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.
    Ron Chernow
  • There were two qualities about the mutual funds of the 1920s that made them extremely speculative. One was that they were heavily leveraged. Two, mutual funds were allowed to invest in other mutual funds.
    Ron Chernow
  • What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're managing billions, yet they're subject to this quiet daily tyranny of numbers.
    Ron Chernow

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