| NOUN | possession | mutual fund | the pooled money that is invested in assets |
|---|---|---|---|
| group | mutual fund, mutual fund company, open-end fund, open-end investment company | a regulated investment company with a pool / pool of assets that regularly sells and redeems its shares |
| Meaning | The pooled money that is invested in assets. | |
|---|---|---|
| Narrower | exchange traded fund, ETF | A mutual fund that is traded on a stock exchange |
| index fund | A mutual fund whose assets are stocks on a given list | |
| Broader | fund, monetary fund | A reserve of money set aside for some purpose |
| Meaning | A regulated investment company with a pool / pool of assets that regularly sells and redeems its shares. | |
|---|---|---|
| Synonyms | mutual fund company, open-end fund, open-end investment company | |
| Narrower | index fund | A mutual fund that invests in the stocks that are the basis of a well-known stock or bond index |
| Broader | investment company, investment trust, investment firm, fund | A financial institution that sells shares to individuals and invests in securities issued by other companies |
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