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A Few Related Terms

Mutual Fund
Net Asset Value
Sector Fund
Hedge Fund

Fund Manager
Term category: Mutual Funds
In 10 words or less:  A person who chooses the investments for a mutual fund.

Definition: The fund manager (also known as the "portfolio manager") is a person who manages a mutual fund. They're responsible for deciding what stocks and bonds to purchase and how much to purchase. They typically have a team of analysts advising them and analyzing the fund's holdings.

StockJargon Advice: It's important to have an ethical manager with a considerable amount of experience. But, to me, most portfolio managers are alike.

Funds are obligated to display their largest holdings. So if you want to see what your fund manager is buying for the mutual fund, you can look this information up.

One of the best fund managers of all time: Peter Lynch.

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Related Books

Morningstar Guide to Mutual Funds by Christine Benz
Common Sense on Mutual Funds by John Bogle
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