Collective Fund

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Collective Fund

1. A fund that has a set number of shares, which are then traded. Due to the finite number of shares, the fund's value rises and falls according to supply and demand. See also: open-ended fund.

2. A fund that has special permission from the IRS to include tax-exempt or tax-deferred investments such as IRAs or pensions in its portfolio in order to diversify.
References in periodicals archive ?
This segment's products include US mutual funds and their non-US equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property funds.
The centre's figures for the most traded collective funds show investors going for established and trusted managers and a mix of global exposure, sector-focussed funds and investment in the UK economy.
IFDS UK is an investor and policy holder administrative services and technology provider to the collective funds, insurance, and retirement industries.
Cyprus' strategic location, its modern legal framework which is fully harmonised with European and international standards, its competitive tax regime and the continuous effort to adapt to new, international developments, make it an attractive centre for collective funds, he added.
We have all been saving into the collective funds for a rainy day - and that isn't just limited to rivers down south flooding.
Most people's pension funds are invested, to one degree or another, in the stock market, either directly though shares in individual companies or via collective funds that hold a number of different shares.
Businesses in both areas agreed to pay a small levy, so that the collective funds can be used to deliver improvements to promote and support the area and contribute to their regeneration.
He joins Boston Financial from Wells Fargo Funds Management, where he was senior vice president and head of operations, overseeing transfer agent relationships and related activities across 529 plans and open-end, closed-end, offshore and collective funds.
Importantly, collective funds are managed by professional fund managers, but tread carefully.
Dubai Changes to the collective funds regime introduced by the Dubai Financial Services Authority (DFSA) will attract more funds to domicile in the jurisdiction of the Dubai International Financial Centre (DIFC), said speakers at a forum on New Funds Regime.
Some investment managers may place all or some of your money in collective funds, which are managed in line with a range of common investment strategies such as "growth", "income" or "balanced".
For example, the MiFID regulates the way in which managers accept and execute orders for collective funds, but it allows member states to ignore the rules if they already have similar legislation in place.
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