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.
Mutual funds are traditionally classified by the asset class of investments they own. Some mutual funds only own stocks. These are called equity funds. Some mutual funds only own bonds. These are called bond funds or fixed income funds. Some mutual funds own both stocks and bonds. These are called balanced funds or, less commonly, blended funds. Why would a mutual fund want to own both stocks and bonds?