mutual fund in Indonesian
mutual fund in Indonesian is reksa dana — mutual fund means an investment company that gathers money from many investors and puts it into a shared portfolio of shares, bonds or other assets; each investor owns units of the whole pool rather than any particular holding in it. Chiefly North American; the nearest British equivalents are the unit trust and the open-ended investment company.
mutual fund in Indonesian
What does "mutual fund" mean?
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noun An investment company that gathers money from many investors and puts it into a shared portfolio of shares, bonds or other assets; each investor owns units of the whole pool rather than any particular holding in it. Chiefly North American; the nearest British equivalents are the unit trust and the open-ended investment company.
"Most of her retirement savings sit in two low-cost mutual funds."
mutual fund in a sentence
- Most of her retirement savings sit in two low-cost mutual funds.
- The mutual fund holds shares in more than 500 companies.
Common Indonesian translations
Frequently asked questions
What is "mutual fund" in Indonesian?
"mutual fund" in Indonesian is reksa dana. mutual fund means: An investment company that gathers money from many investors and puts it into a shared portfolio of shares, bonds or other assets; each investor owns units of the whole pool rather than any particular holding in it. Chiefly North American; the nearest British equivalents are the unit trust and the open-ended investment company.
How do you use "mutual fund" in a sentence?
Example: "Most of her retirement savings sit in two low-cost mutual funds." In Indonesian, "mutual fund" is reksa dana.