GoodRx will have an impact on buying prescriptions the same way Expedia and Travelocity has changed buying airline tickets, he added. Consumers find the cheapest prescription drugs, so they don't have to leave their doctor's office and feel like they can't afford the prescription.
Definition of 'Mutual Fund'. Definition: A mutual fund is a professionally-managed investment scheme, usually run by an asset management company that brings together a group of people and invests their money in stocks, bonds and other securities.
Funds â When you buy a fund (such as an ETF, mutual fund, or index fund), you are buying a group of securities, such as stocks, bonds, and other commodities. This means you buy one fund that is already diversified in itself. A mutual fund is a group of investments, including stocks, bonds, and other securities. 2  Mutual funds are managed by a professional advisor at the cost of a management fee. 3  The average management fee is between 0.5% and 1.0% of all funds.