ZALIS GLOSSARY: mutual-fund
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A security that gives small investors access to a well-diversified portfolio of equities, bonds and other securities. Each shareholder participates in the gain or loss of the fund. Shares are issued and can be redeemed as needed.
Notes:
The fund's net asset value (NAV) is determined each day. Each mutual fund portfolio is invested to match the objective stated in the prospectus.
It has been shown in study after study that a majority of mutual funds fail to beat the market. Also, picking mutual funds purely on the basis of past performance usually does not work.
Articles using the expression : mutual-fund in the glossary.
[M&A Merger and acquisition] HTMT Global allocates $100-mn for acquisitions of BPO cos
[Turnaround Restructuring] Bad news is good news: 'distressed for control' investing
[Turnaround Restructuring] Turnaround story : Development Credit Bank