fund of funds
USA
An investment fund that invests in other investment funds rather than investing in stocks, bonds or other securities directly. Fund of funds are managed by mutual funds, hedge funds, private equity funds and investments trusts, each with a different investment strategy.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • fund of funds — noun (finance) An investment fund whose assets consist of holdings in several other investment funds • • • Main Entry: ↑fund …   Useful english dictionary

  • Fund of funds — A fund of funds (FoF) is an investment fund that uses an investment strategy of holding a portfolio of other investment funds rather than investing directly in shares, bonds or other securities. This type of investing is often referred to as… …   Wikipedia

  • fund of funds — A mutual fund or hedge fund that invests in other funds. Bloomberg Financial Dictionary * * * fund of funds fund of funds ➔ fund1 * * * fund of funds UK US noun [C] (plural funds of funds) (also multi manager) FINANCE, STOCK MARKET …   Financial and business terms

  • Fund Of Funds — A mutual fund that invests in other mutual funds. This method is sometimes known as multi management . A fund of funds allows investors to achieve a broad diversification and an appropriate asset allocation with investments in a variety of fund… …   Investment dictionary

  • fund of funds — A unit trust belonging to an institution in which most of its funds are invested in a selection of other unit trusts owned by that institution. It is designed to give maximum security to the small investor by spreading the investment across a… …   Big dictionary of business and management

  • Utah fund of funds — The Utah Fund of Funds was created by the Utah Legislature to increase the amount and diversity of capital funding available to high growth, early stage companies in the state in an effort to help them grow, prosper and grow up in Utah. Rather… …   Wikipedia

  • flow of funds — In the context of municipal bonds, refers to the statement displaying the priorities by which municipal revenue will be applied to the debt. Bloomberg Financial Dictionary In the context of mutual funds, refers to the movement of money into or… …   Financial and business terms

  • cost of funds — United Kingdom The cost of borrowing money. In the context of lending, it means: • The cost to the lender (typically a bank) of borrowing in an interbank market to enable it to fund the loan it has agreed to provide to the borrower. For example,… …   Law dictionary

  • misappropriation of funds — An abstraction of cash, or a source of cash. 50 Am J1st Suret § 336. The failure of a person to account for or return a fund committed to him for a specific purpose. Anno: 17 ALR2d 1021. The word is held not to apply to the payment of an… …   Ballentine's law dictionary

  • Family Of Funds — A group of mutual funds offered by one investment or fund company. Generally, the constituent funds cover a wide range of fund categories and investment objectives. Also referred to as a mutual fund family or simply a fund family . Most fund… …   Investment dictionary

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