A group of mutual funds managed by the same investment company is called a

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A group of mutual funds managed by the same investment company is called a mutual fund family. Each mutual fund within the family has its own investment objective and strategy, but they are all managed by the same company. This allows investors to easily switch between funds within the family and provides the company with economies of scale in fund management. Sector funds focus on a particular industry or sector, and unit investment trusts (UITs) are a specific type of investment vehicle that holds a fixed portfolio of securities for a set period of time.

A Group of Mutual Funds Managed by the Same Investment