mutual fund

mutual fund　1.共同基金；2.共同基金投资公司　

1.a security that gives small investors access to a well diversified portfolio of equities，bonds，and other securities.Each shareholder participates in the gain or loss of the fund.Shares are issued and can be rescued as needed.The fund’s net asset value.2.according to the SEC，a company that brings together money from many people and invests it in stocks，bonds or other assets.