Feeder Fund

Feeder Fund

A mutual fund or other fund that invests exclusively in another fund. Shares of the feeder fund represent shares in the second fund (called a master fund), which, in turn, represent shares in the underlying securities. Feeder funds are relatively common when the master fund contains tax disadvantages for shareholders that the feeder fund remedies. See also: Fund of funds.
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Last month, ADGM's Next Orbit Ventures launched a $2 billion feeder fund for Indian semiconductor firms.
5 billion will be raised from this region as feeder fund by NOVF ESDM, the remaining $500 million has already been secured by Next Orbit Ventures Fund-II (NOVF-II) from a consortium of investors involving both the Indian government and UHNIs.
5 billion will be raised from this region as feeder fund by Next Orbit Ventures, the remaining $500 million has already been secured from a consortium of investors including both the Indian government and ultra-high net worth individuals.
34 billion) from the UAE and other GCC entities and investors as part of feeder fund to invest in the semi-conductor and electronics facilities in the South Asian country.
5bn will be raised from this region as feeder fund by NOVF, the remaining $500m has already been secured by Next Orbit Ventures Fund-II from a consortium of investors involving both the Indian government and UHNIs.
Under the New Fund Regulations, a feeder fund is a public investment fund or part of a group of funds for an umbrella fund which invests at least 85% of its assets in the units of a public master fund or foreign public fund and is excluded from investing in negotiable securities and certain other investments determined by SCA.
The asset manager said trading would continue in its M&G Property Portfolio and its feeder fund from midday on November 4.
Property PAIF Feeder Fund to safeguard the interests of all investors.
Asset manager M&G Investments also moved to temporarily suspend trading in its M&G Property Portfolio and feeder fund.
BANKING AND CREDIT NEWS-June 10, 2016-Franklin Square launches new feeder fund to access global credit strategy
M2 EQUITYBITES-June 10, 2016-Franklin Square launches new feeder fund to access global credit strategy
The two are to launch the first authorised contractual scheme (ACS), a UK-based tax transparent master fund, with a UK feeder fund.