While there is no legal definition of the term mutual fund, it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public. They are sometimes referred to as investment companies or registered investment companies.
The Oregon-based sneaker company will issue a limited-edition Nike Mag shoe that was immortalized in the 1989 blockbuster sequel Back to the Future Part II. The shoe was worn by the movieâs protagonist, Marty McFly, played by Michael J. Fox.
Nike Air MAG âThe McFlysâ. You probably remember the 1500 pairs of special Back to the Future shoes released last year. Sadly, they didn't have automatic laces, as the shoes in the movie did, but they did raise $5.7 million for the Michael J. Fox Foundation. British DJ Tinie Tempah paid $37,500 for the very first pair.