Investment trust company is different from unit trust and mutual fund for the latter two can be continuously sold with shares redeemed according to the investors' needs.

投资信托公司不同于联合信托公司和共同基金，后两者均可根据投资者的需求不断出售和赎回股份。

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A mutual fund expense ratio measures what it costs an investment company to run a mutual fund.

总费用比率为基金净资产的一个百分率。

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Since a felony conviction may result in a manager being statutorily barred from managing a mutual fund under the Investment Company Act, the federal statute that regulates mutual funds, certain fund complexes have engaged in fraudulent document creation and destruction to conceal illegalities.

FORBES: 2003: A Year of Awakening (December 3, 2003 )

Lynch eventually took over as director of research for the small investment mutual fund company and in 1977 took over portfolio management of Fidelity's Magellan mutual fund.

FORBES: Peter Lynch: 10-Bagger Tales

As we testified, many other abuses such as personal trading by portfolio managers, underwriters parking investment banking client stock in affiliated mutual funds, payment of Investment Company Institute fees from fund assets, have yet to surface as concerns.

FORBES: The Great Mutual Fund Clean Up That Almost Happened (April 4, 2004 )