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Feeder Fund |
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Feeder Fund A fund that conducts virtually all of its investing through another fund (called the master fund). Notes: This is similar to a fund-of-funds arrangement, except that the master fund manager is responsible for managing the underlying investments.Often, an onshore feeder fund will invest in an offshore master fund. This is done so that the foreign master fund can gain a tax advantage for the domestic investors. See also: Fund of Funds, Master Fund |
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NEW YORK -- Vega Institutional Libor Fund Limited, master portfolio and Vega Institutional Libor Feeder Fund Limited are assigned bond fund ratings of 'AAA/V1' by Fitch. Feeder funds include: Millennium International, Ltd. BOSTON -- The Board of Trustees of Prime Rate Reserves, EV Classic Senior Floating-Rate Fund, Advisors Senior Floating-Rate Fund, Institutional Senior Floating-Rate Fund, and Medallion Senior Floating-Rate Fund (the "Board"), each an interval closed-end loan fund and feeder fund to Senior Debt Portfolio (the "Portfolio"), has authorized the Portfolio to participate in a commercial paper program for borrowing purposes. |
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Feeder Fund
