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

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Performance shares

Shares of stock paid out to managers only if the company makes certain sales, earnings per share, or other similar criteria.

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