single-country fund

(redirected from Country Fund)

Single-country fund

A mutual fund that invests in individual countries outside the United States.

Single-Country Fund

A mutual fund that invests predominantly or exclusively in the securities of a single country. While a single-country fund may be diversified in other ways (for instance, it may hold both stocks and bonds), it is usually exposed to political risk. Some analysts argue that in an age of globalization, there is little difference in single-country and multi-country funds, but others dispute that. See also: Country diversification, WEBS.

single-country fund

A mutual fund that invests in securities of one country. A single-country fund, for example, might invest only in securities issued in Australia.
References in periodicals archive ?
Virtus has filed registrations with the SEC for the Virtus Disciplined Equity Style Fund, Virtus Disciplined Select Country Fund and Virtus Disciplined Select Bond Fund.
Why should the hard-working people of this country fund the continuing over-population of the planet?
investor sentiment fails to account for cross-sectional differences in EM country fund premiums.
HONG KONG, October 26 /PRNewswire/ -- India Capital Management Ltd which has a total AUM of US$200M is proud to announce that it has won the "Best Single Country Fund of the Year" at the 2005 AsiaHedge Awards for it's Fund, the India Capital Fund, presented last week on 20th October in Hong Kong.
Not surprisingly, as a result of the small number of observations for most country fund categories, only two--the Canada and Russia funds--were found to be statistically different at the 95 percent confidence level.
Strictly speaking, this is not a single country fund as the managers also hold several Tunisian stocks within the portfolio.
Our strategy is to launch a country fund for each of the Middle East countries and allow our clients to access these markets as part of our product range," says Shahid Hameed, head of asset management, GCC, who launched the two funds.
26 /Xinhua-PRNewswire/ -- India Capital Management Ltd which has a total AUM of US$200M is proud to announce that it has won the "Best Single Country Fund of the Year" at the 2005 AsiaHedge Awards for it's Fund, the India Capital Fund, presented last week on 20th October in Hong Kong.
To help the country fund its Public Corporate Governance and Investment Promotion Support Programme (PAGEPPI), the African Development Bank Group (AfDB) has agreed to provide an EUR 15-million general budget support loan to Cape Verde.
5 billion dedicated to direct investments in China and has recently launched a specific country fund, the Japan China Fund.
1 billion CFAF to enable the West African country fund its Gouina, near Kayes-based hydel project in the Western region.
Three core conditions were included for the agreement, about third country fund domicile and home member state, Third countries are not on the Financial Action Task Force list of non-cooperative jurisdictions and Agreements for exchange of information for tax purposes are in place between European Union (EU) States and non-EU jurisdictions.