| English |
| far east (excluding japan) fund |
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| Attestation |
4
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| Part of speech |
Noun phrase
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| Definition |
an investment fund which invests at least 80% of its assets in Far Eastern securities, but which exclude any Japanese content. Beside funds investing generally throughout the Pacific Basin, this sector includes numerous specialist funds which focus on single countries, such as Hong Kong and Korea, but also Australia and New Zealand.
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| Definition source |
AUTIF
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| Context |
[...] Far East (excluding Japan) Funds
This is an investment which is 100% exposed to the emerging markets of the Far East and is high risk According to Micropal, unit trusts specialising in the Far East minus Japan are among the most volatile group of the 25 categories it tracks. During the year to 31 October 1995, Far East unit trusts also performed abysmally, with only the top two funds out of 72 showing a profit. [...]
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| Context source |
Tx-Unit
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| Comprehensive concept |
regional equity fund
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| de |
Aktienfonds mit Anlageschwerpunkt Fernost (ohne Japan)
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| it |
fondo azionario specializzato Asia (escl. Giappone)
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| Note |
(fondo di diritto GB - classificazione AUTIF)
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