Keyword Analysis & Research: fund

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What is the meaning of fund?

Financial Definition of fund. What It Is. Fund usually refers to mutual fund, which is an open-ended investment company that pools investors' money into a fund operated by a portfolio manager. This manager then turns around and invests this large pool of shareholder money in a portfolio of various assets or combinations of assets.

What are the types of fund?

A fund is a pool of money set aside for a specific purpose. Those pools can are often invested and professionally managed. Some common types of funds include pension funds, insurance funds, foundations, and endowments.

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