Fund - general term for any investment vehicle which pools together the money of many small individual investors and invests it in certain markets and securities according to a defined set of investment aims and objectives. Covers such investments as unit trusts, investment trusts and pension plans.
A pool of money normally set apart for a purpose, for example, a pension fund to provide pensions.
Fund : general term for any investment vehicle which pools together the money of many small individual investors and invests it in certain markets and securities according to a defined set of investment aims and objectives. covers such investments as unit trusts, investment trusts and pension plans.
a pool of money normally set apart for a purpose, for example, a pension fund to provide pensions.
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