单词 | hedge fund |
释义 | hedge fund hedge fund A unit trust that is subject to minimum regulation, typically a partnership or mutual fund that attempts to achieve large gains by exploiting market anomalies. These funds are often high-return and are regarded as speculative. Typically, they accept only accredited investors, require a high minimum level of investment (£500,000 or more), and pay high performance-related fees to managers. Many are domiciled in offshore financial centres. |
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