fund family

Definition

A mutual fund company offering many mutual funds, for various objectives. Usually, investors can move assets between different funds of a fund family at little or no cost, and can receive a single statement describing their holdings in all the funds in the fund family. also called family of funds or mutual fund family.

Use fund family in a sentence

You should try and get involved with a fund family that always has a good investment opportunity available for you.

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The fund family was a really interesting thing and I thought it needed to be brought into our awareness more and learned about.

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The fund family that the firm offered had a diversified portfolio and Jamie felt great about putting his hard-earned money with them.

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