Finanza: Fondi comuni di investimento
| English |
| fund of funds |
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| Attestation |
4
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| Part of speech |
Noun phrase
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| Variant |
FoF
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| Definition |
an investment fund which is able to invest only in other unit trust and OEIC schemes. Also known as masterfunds, the funds in this category generally invest internationally; some invest purely in their parent company’s unit trusts, others hold a selection of trusts run by different companies. They may be managed by brokers as well as by unit trust management companies.
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| Definition source |
AUTIF
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| Context |
[...] (b) in the case of a fund of funds, at least 50 per cent in value of the investments subject to the trusts of the scheme are units in a securities fund or shares in a securities company where at least 50 per cent in value of the investments subject to the trusts of the scheme or, as the case may be, of the investments of the company are transferable securities. [...]
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| Context source |
MO
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| Comprehensive concept |
specialist fund
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| de |
Dachfonds
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| it |
fondo di fondi
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| Note |
(fondo di diritto GB - classificazione AUTIF)
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