A fund that conducts virtually all of its investing through another fund (called the master fund).
This is similar to a fund-of-funds arrangement, except that the master fund manager is responsible for managing the underlying investments.
Often, an onshore feeder fund will invest in an offshore master fund. This is done so that the foreign master fund can gain a tax advantage for the domestic investors.
skip to main |
skip to sidebar
A mutual fund is simply a financial intermediary that allows a group of investors to pool their money together with a predetermined investment objective. The mutual fund will have a fund manager who is responsible for investing the pooled money into specific securities (usually stocks or bonds).
1 comment:
this gives a professional trading things in the market to trade with a right channelization to truely concern about the market.
Bullion Premium Tips
Stock Cash Tips
Post a Comment