Protected Fund
Definition
- A type mutual fund that is insured to guarantee that the investor will recoup his or her investment when the fund is kept for its entire contractual term. The principle is insured so that if the mutual fund loses money, the investors will at least make back their initial investment.
Synonyms
guaranteed return, protected mutual fund, stable fund
Related Terms and Acronyms
- Closed-end Fund — Definition,
- A mutual fund with shares initially sold to investors through an IPO; afterwards, the fund is listed on a stock exchange to be bought and sold.
- Fixed-Return Investments — Definition,
- Investments that provide a stable return.
- Investment — Definition,
- Something you put your money into in order to make money.
- Money Market Fund (MMF) — Acronym, Important,
- Mutual funds that invest in short-term debts or securities.
- Money Market Mutual Fund (MMMF) — Acronym,
- A mutual fund that invests in short-term debt instruments such as Treasury bills, commercial paper, and large CDs. Also referred to as money market fund (MMF).
- Mutual Fund — Definition,
- A type of investment scheme that pools funds from multiple backers and invests them in securities such as stock or bonds.
- Open-end Fund — Definition,
- A mutual fund that allows investors to buy or sell shares in the fund at their net asset value each business day.
- Security — Definition,
- Property designated as collateral.
- A document stating ownership of a stock or bond.
- A tradable financial implement that represents ownership, the rights to ownership or debt.
- Segregated Fund — Definition,
- Investment vehicles that feature both maturity and death guarantees. Segregated funds share similarities with mutual funds but are categorized as insurance products.
