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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Polaris will raise a fund linked to "Shanghai Shenzhen 300 ETF" in the form of a feeder fund, allowing Taiwanese investors to invest indirectly in 300 constituent stocks of the latter, mainly stocks in the fields of manufacturing, finance, energy, natural resources, retail, and realty in Shanghai and Shenzhen, which together account for 60% of the total market values of the stocks listed on the two stock exchanges.
MIAMI -- A class action settlement was recently reached between a group of aggrieved investors, who lost money in the largest Bernie Madoff feeder fund, Fairfield Sentry Limited Fund, and EFG Capital International Corp.
Herald Fund and Primeo Feeder Fund Recovery Agreement Adds Another $497 Million
He has further stated that he is now involved in discussions with Brazilian entities for prospective partnerships in order to establish a feeder fund in Brazil intended at attracting investment from the local investors into Ucits funds.
Engaged Capital I, as a feeder fund of Engaged Capital Master I, may be deemed the beneficial owner of the 4,670,111 shares of Common Stock beneficially owned by Engaged Capital Master I.
Malaysia-based HwangDBS has announced that it has launched its first corporate feeder fund.
The investors included six individuals and family trusts, including a trust managed by a former chief financial officer of Goldman Sachs, and a feeder fund representing approximately 40 investors that sued Highland and the other Defendants in 2009, alleging various misrepresentations related to the scope of redemptions during the height of the global financial crisis in an investment fund managed by Highland.
a closed-ended feeder fund, which is likely to trade on Specialist Fund Market of London Stock Exchange and list on Bermuda Stock Exchange on December 6, 2012.
Freshfields previously advised BH Macro, the first feeder fund for a hedge fund to be admitted to London's main list, on its initial public offering and admission to London's main market in March 2007.
Cash Payments of more than $1 Billion to be made to BLMIS Customer Fund; Settlement Structure Facilitates Future Recovery Distributions to Feeder Fund Investors
McKinsey, which had invested in a feeder fund to Westford Special Situations Master Fund, L.
Fairfield Sentry was the single, largest BLMIS feeder fund, with more than 95 percent of its investors' cash deposited in BLMIS accounts.