A mutual fund or hedge fund that invests in other funds.
Similar Matches
Automatic funds transfer
Automatic funds transfer A transfer of funds from one account or investment vehicle to another using electronic or telecommunications technology.
Blocked funds
Blocked funds Cash flows generated by a foreign project that cannot be immediately repatriated to the parent firm because of capital flow restrictions imposed by the host government.
Clearing house funds
Clearing house funds Funds from the Federal Reserve System, requiring three days to clear, that are passed to and from banks.