Investor Glossary-family of fundsInvestor Glossary-family of fundsInvestor Glossary-family of fundsInvestor Glossary-family of fundsInsightful stock market charts - Click here
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Family Of Funds

The HTML to link to this page

A family of funds refers to a group of mutual funds that are offered, managed and/or distributed by the same investment company, even though each fund in the family of funds may have a different objective. For example, one fund in a family of funds may be a growth fund, while another fund in that family of funds may be a money market fund. Investors can typically move assets between the funds of a family of funds at little or no cost. This allows investors to more easily respond to changes in the market or their needs. However, there could be tax consequences for transferring money from one fund to another in a family of funds. A benefit of a family of funds is that investors can receive a single statement that describes all their holdings in the fund family. Some companies that maintain a family of funds are AIM Investments, Fidelity, Janus, Oakmark, PIMCO, Putnam, and Vanguard.

Rate this family of funds definition...

Learn about investing with the Investor Glossary Term of the Day

Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.

Popular Terms: APR, required rate of return, in escrow, per diem, stock split, cancelled check, labor relations, liquidity ratio, inflation, 401a, limit order, risk management, Key Rate Duration, retained earnings, FICO score, quality assurance, 144a, real GDP, command economy, dividends payable, deferred revenue, class C shares, stock market close, deferred tax, balance sheet, reverse mortgage, phantom income, ex-dividend, option premium, LIBOR, annual return, debt service coverage, open position, 1035 exchange, current ratio, EBITDA, implied volatility, average price per share, wholly-owned subsidiary, Zero Cost Collar, irrevocable trust, ex-dividend date, FTSE, diluted share, covered put, minority interest, VIX, 1031 exchange, margin rate

Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use