mutual fund timing

Definition

A common but unacceptable business practice where traders buy and sell mutual funds in an attempt to make short-term profit from the difference between the daily closing prices. Such practice is unfair on long-term traders who bear the charges (commission) that arise for the short-term buying and selling of mutual fund, as this reduces their return.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
mutual fund theorem mutual fund wrap