---
title: Fund
description: A fund is a pool of money that is allocated for a specific investment strategy or purpose.
---

[Realized 1031 Glossary of Terms ](https://www.realized1031.com/glossary)

# [Fund](https://www.realized1031.com/glossary/fund)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jun 27, 2022 12:00:00 PM

A fund is a pool of money that is allocated for a specific investment strategy or purpose. Individuals and businesses can allocate money into a fund for various purposes, whether that be for college savings, emergencies or trusts.

With regard to corporate-level investment strategies, fund types can include mutual funds, exchange-traded funds (ETFs) or hedge funds. Different types of funds have different investment theses which attract investors with risk profiles that align strongly with a fund’s strategy.

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