Fund Supermarkets


DEFINITION of 'Fund Supermarkets'

An investment firm or brokerage that offers investors a wide array of mutual funds from different fund families. Investors benefit by obtaining access to an extensive range of top performing funds, as well as by receiving a consolidated statement of all their mutual fund holdings.

BREAKING DOWN 'Fund Supermarkets'

As the mutual fund industry has matured, fund families have been finding it increasingly difficult to channel investors to funds solely from their family, due to competition from other mutual funds and newer products such as exchange-traded funds. Investors also prefer investing across different fund families, since a single family is unlikely to have the top performers in all of the myriad categories now available.

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  1. What advantages do exchange-traded funds have over mutual funds?

    Exchange-Traded Funds (ETFs) are growing ever more popular, as they were created to combine the best characteristics of both ... Read Full Answer >>
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    Mutual funds are currently the most popular investment vehicle and provide several advantages to investors, including the ... Read Full Answer >>
  3. Can mutual funds invest in hedge funds?

    Mutual funds are legally allowed to invest in hedge funds. However, hedge funds and mutual funds have striking differences ... Read Full Answer >>
  4. What are the risks of annuities in a recession?

    Annuities come in several forms, the two most common being fixed annuities and variable annuities. During a recession, variable ... Read Full Answer >>
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    Financial advisors are reimbursed by mutual funds in exchange for the investment and financial advice they provide. A financial ... Read Full Answer >>
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    Fiduciary duty is one the most important professional obligations. It basically provides a much-needed protection for individuals ... Read Full Answer >>

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