fonds mutuel — meaning in English
French → English · translate English → French instead
English meaning
- mutual fund 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.
Senses
fonds mutuel is used for these senses in English:
- mutual fund (finance) A form of collective investment in which money from many investors is pooled and invested in stocks, bonds, short-term money market instruments, or other securities under the direction of a fund manager.