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fund supermarket

noun

  1. an online facility offering discounted investment opportunities and advice
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

Oppenheimer, 63, currently serves as non-executive chair of British fund supermarket Hargreaves Lansdown and is also on the board of Thomson Reuters, the news and information company that owns Reuters News.

From Reuters

Many others will consider what effect the fall of one of the biggest names in fund management means for the sector as a whole, with regulators and fund supermarket Hargreaves Lansdown - Mr Woodford's most influential cheerleader - also under the microscope.

From BBC

Founded on the principle of providing low-cost stock trades to individual investors, Charles Schwab’s growth in recent years has been propelled by its adviser segment, which offers a wide array of custodial services to registered investment advisers as well as access to the Schwab mutual fund supermarket.

The UK's biggest fund supermarket, Hargreaves Lansdown, has tripled its dealing staff, hired more staff for its helpdesk and extended opening hours to help clients to navigate the aftermath of Thursday's referendum.

From BBC

Shinyoung’s invests in South Korean utility and construction firms; others bank on North Korea’s 25m potential consumers, investing for example in makers of electric rice cookers, says Kuk Min-chung of Fund Online Korea, a South Korean fund supermarket.

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