DEFINITION of 'Mirror Fund'

A type of mutual fund, typically run by a life insurance company, that enables an investor to access another company's mutual fund through his or her life insurance policies.

BREAKING DOWN 'Mirror Fund'

For example, you might be able to invest in a Fidelity mutual fund through your life insurance policy with Royal & SunAlliance. These types of funds usually involve extra fees/charges.

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    There is no written rule that stipulates how much of a company a mutual fund can own. Instead, there are two major factors ... Read Answer >>
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