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Fund Families

Trading Term

The term fund families or fund complexes is used when defining a single investment company or mutual fund company that has many different types of mutual funds from which a customer may choose to purchase. A fund family is essentially a brand name that applies to several related individual mutual funds. A customer may be able to invest a large sum of money with one fund family, receive a sales breakpoint (reduced sales charge), diversify his assets, and be allowed to switch between mutual funds.

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