Fund Family

Business, Legal & Accounting Glossary

Definition: Fund Family



Full Definition of Fund Family


A fund family is a set of related funds, usually mutual funds, with a common brand. One minor advantage of investing in multiple funds in the same fund family is being able to receive a common statement for all. A potentially more meaningful advantage might be the ability to reallocate investment dollars between different fund family funds. Generally, each mutual fund in a fund family will have its own manager. Some funds will likely perform much better than others. As a result, the investor may prefer investing in the best funds available to that of staying within a fund family. One very large fund family is that offered by Fidelity Investments, with dozens of funds. Janus, Putnam, and Vanguard are other major well-known fund family brands.


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Fund Family. PayrollHeaven.com. Retrieved July 05, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/fund-family/

Definition Sources


Definitions for Fund Family are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 9th February, 2020 | 2 Views.