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Mutual fund

An open-end investment trust. An investment trust that continually sells new shares to investors and stands ready to buy back its outstanding shares.

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Steven Huddart
Smeal College of Business, Penn State University, University Park, PA 16802-3603 USA
(814) 865-3271
(814) 863-8393 fax
huddart@psu.edu
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http://www.personal.psu.edu/sjh11/OptionGlossary/MutualFund.shtml
was last updated on Wed, Oct 7, 2009.
Today is Fri, Nov 27, 2009.

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