umbrella fund
noun [ C ]
FINANCE, STOCK MARKET ukusan investment fund that invests in other funds:
Umbrella funds can be formed to enable investors to switch more easily between funds run by the managers.
Compare
fund of funds
单词 | umbrella fund |
释义 | umbrella fund noun [ C ] FINANCE, STOCK MARKET ukusan investment fund that invests in other funds: Umbrella funds can be formed to enable investors to switch more easily between funds run by the managers. Compare fund of funds |
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