1. Home
  2. Glossary
  3. Mutual Fund

Basics

Mutual Fund

Pooled investment fund trading at daily NAV

Updated Glossary

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

Start 7-day free trial Open the Terminal

Free on AAPL, no account. Trial: no charge if you cancel before it ends.

On this page
  1. Complete definition
  2. Keep reading

What is Mutual Fund?

Mutual Fund A pooled investment vehicle that collects money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities. Unlike ETFs, mutual funds trade only once per day at the closing NAV. Options are not available on mutual funds directly.

Complete definition

A pooled investment vehicle that collects money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities. Unlike ETFs, mutual funds trade only once per day at the closing NAV. Options are not available on mutual funds directly.

Related terms

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
  • IV rank and percentile
  • Expected move and GEX
  • Screener and strategy P&L
Start 7-day free trial Open the Terminal

Free on AAPL, no account. Trial: no charge if you cancel before it ends.

Try this with real market data. 5,500+ stocks, live options chains, IV analytics and P&L. 7-day free trial.

Know the term.
Now see it priced.

Every definition here is something the Terminal shows you live on a real chain — the Greeks, the surface, the flow. Run it on AAPL without an account.

Real market data, not a sandbox. See it live on AAPL.