Meaning of “equity fund” in the English Dictionary

business-english dictionary

"equity fund" in Business English

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equity fundnoun [ C ]

uk us FINANCE

a mutual fund (= investment company) that invests money in equities:

Management charges range typically from 1% to 1.75% p.a. on actively managed equity funds.

(Definition of “equity fund” from the Cambridge Business English Dictionary © Cambridge University Press)