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Metadata Glossary

Indicator NameMutual fund assets to GDP (%)
Short definitionRatio of assets of mutual funds to GDP. A mutual fund is a type of managed collective investment scheme that pools money from many investors to purchase securities.
Long definitionData taken from a variety of sources such as Investment Company Institute and national sources. Due to differences in sources these data are not strictly comparable across countries.
SourceNonbanking financial database, World Bank