An association of state and provincial agencies that issue workers' compensation insurance in the United States and Canada. The Association's goals include the exchange of information, experience, and expertise among the member funds.
Money market mutual funds are considered to be one of the least volatile types of mutual fund investments Liquidity Itâs easy to settle your brokerage account trades in other investments, or retrieve funds from a money market mutual fundâgenerally assets are available by the next business day
Mutual fund. Definition: Mutual funds are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds, for example, seek to generate income on a regular basis. Others seek to preserve an investor's money. Still others seek to invest in companies that are growing at a rapid pace. Funds can impose a sales charge, or load, on investors when they buy or sell shares. Many funds these days are no load and impose no sales charge. Mutual funds are investment companies regulated by the Investment Company Act of 1940. Related: open-end fund, closed-end fund.