| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
fund family
Definition 1.
A mutual fund company offering many mutual funds, for various objectives. Usually, investors can move assets between different funds of a fund family at little or no cost, and can receive a single statement describing their holdings in all the funds in the fund family. also called family of funds or mutual fund family.
|
Definition 2.
Set of funds with different investment objectives offered by one management company. In many cases, investors may move their assets from one fund to another within the family at little or no cost.
|
|
|