commingled fund

(redirected from Commingled Funds)

Commingled Fund

1. A mutual fund in which money from several customers is pooled together to reduce risk and cost. Any fund investing a large amount of money is subject to a lower percentage of brokerage fees, and large accounts usually have smaller administrative costs than individual accounts. They also benefit from economies of scale, mitigating risk. However, capital gains in a commingled fund are distributed equally among investors, usually resulting in a smaller return.

2. A normally illegal practice in which a broker mingles his own funds with those of his/her client, making it difficult to distinguish to whom to give returns.

commingled fund

An investment fund that consists of assets of several individual accounts. A commingled fund is established to reduce the cost and effort required to manage accounts separately.
References in periodicals archive ?
Addressing every type of market participant, SkyBridge's investment offerings include commingled funds of hedge funds products, customized separate account portfolios, hedge fund advisory services and a long-only mutual fund.
SkyBridge Capital's alternative investment offerings include multi-strategy, commingled funds of hedge funds products, customised separate account portfolios and hedge fund advisory services.
As a member of Hines' Capital Markets team, he will have global responsibilities for institutional capital raising, and structuring of commingled funds, programmatic joint ventures and separate accounts.
To clarify the instructions for certain filing obligations, and as a result of significant public comment (originally requested under Notice 2009-62), the IRS issued Notice 2010-23, which provided administrative relief for certain foreign commingled funds.
UBP has been investing in hedge funds since 1972 and offers a range of capabilities, from tailored recommendations to commingled funds.
The Service also extended until June 30, 2011, the deadline for filing an FBAR that would otherwise be due for 2010 and earlier calendar years for persons who only have signature authority over, but no financial interest in, a foreign financial account and those holding foreign commingled funds.
Survey questions pertained to the management of individual securities held by the government, excluding commingled funds such as LGIPs or money markets.
Access to these strategies is offered through a variety of investment vehicles, including separate accounts, commingled funds and mutual funds.
The New York-based bank said that it would support four of its Dreyfus money-market mutual funds, five commingled funds used mainly to hold cash overnight, and an institutional fund used to reinvest cash collateral in the bank's securities lending business.
Sanders was also in charge of due diligence, fair value reporting audits and FAS 141 requirements for several commingled funds.
ING Clarion announced that ING Clarion Development Ventures II (CDV II), the second of the firm's opportunistic, commingled funds, has closed with total commitments of $205 million in investment capital.