We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.


Mutual Fund Wrap

Categories: Mutual Funds

See: Wrap Account.

It's just a wrap that lets clients buy any funds inside of a family of funds, or inside all of the funds in which a given brokerage is affiliated.

They wrap the commissions into an annual fee of, say, 1%, in return for clients being able to buy whatever and whenever they want within those limits.

Find other enlightening terms in Shmoop Finance Genius Bar(f)