* Site-Outage Notice: Our engineering elves will be tweaking the Shmoop site from Monday, December 22 10:00 PM PST to Tuesday, December 23 5:00 AM PST. The site will be unavailable during this time.
© 2014 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Diversified Mutual Fund


A continuation of the concept of diversification. Mutual funds that are diversified will hold a lot of different assets. If it's a stock fund, there will be a lot of names, but usually the prospectus will provide that the mutual fund can hold a percentage of stuff besides stocks. Usually this means bonds.