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Finance Glossary

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Over 700 finance terms, Shmooped to perfection.

Diversified Mutual Fund

Definition:

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.

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