Umbrella fund - How To Discuss

Umbrella fund,

Definition of Umbrella fund:

  • Mutual fund that invest primarily in other funds. Also called fund of funds.

  • An offshore investment fund which invests only in other investment funds.

  • How to use Umbrella fund in a sentence?

  • Fund supermarkets offer an umbrella fund for investors which invests in a range of other funds at their discretion.
  • Meaning of Umbrella fund & Umbrella fund Definition

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