Family of funds

Definition:

A group of mutual funds offered by one investment company. Often, switching from one mutual fund to another can be done without incurring fees as long as both funds are in the same 'family'.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Regulation U

Federal Reserve Board limit on how much credit a bank can allow a customer for the purchase and carrying of margin securities.

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