The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

EQUITY FUND Definition & Legal Meaning

Definition & Citations:

A mutual fund holding at least 65 percent of its total investment equity in liquid assets paying the highest dividend yield. These equities are typically fairly inexpensive stocks. The risk is loss when the market goes up overall, but the gains can be strong when the overall market declines.


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