Fund Family

Business, Legal & Accounting Glossary

Definition: Fund Family


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.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/fund-family/
Modern Language Association (MLA):
Fund Family. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/fund-family/.
Chicago Manual of Style (CMS):
Fund Family. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/fund-family/ (accessed: March 29, 2024).
American Psychological Association (APA):
Fund Family. PayrollHeaven.com. Retrieved March 29, 2024
, 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 | 0 Views.