Global fund

(redirected from Global Funds)

Global fund

A mutual fund that can invest anywhere in the world, including the U.S.

Global Fund

A mutual fund or other investment company that invests in securities that are traded in various countries. This is done to reduce risk, often political risk. For example, if one country's government announces a larger than normal budget deficit, or the central bank raises interest rates, this may affect security prices in one country, but not necessarily in other countries that did not take equivalent steps. Likewise, if a whole industry fails in one country, but thrives in another, investing in the same industry in both countries hedges one's risk. Some analysts argue that country diversification is less effective in an era of globalization, but other analysts dispute that. A global fund is also called a world fund. See also: Country diversification.

global fund

A mutual fund that includes at least 25% foreign securities in its portfolio. The value of the fund depends on the health of foreign economies and exchange rate movements. A global fund permits an investor to diversify internationally. Also called world fund. Compare international fund.

Global fund.

Global, or world, mutual funds invest in US securities as well as those of other countries. In that way, they differ from international funds, which invest only in non-US markets.

Although global funds may keep as much as 75% of their assets invested in the United States, fund managers are able to take advantage of opportunities they see in various overseas markets.

References in periodicals archive ?
announced today that it has launched a Dublin-based mutual fund company, Enterprise Global Funds plc, which will provide investment management for fund distribution in Europe, South America and Asia.
the investment management company, has announced a new addition to its Henderson Global Funds family of mutual funds.
Due to market volatility, the one-year total return for the period ending April 30, 2002, has been negative for the AFBA Balanced, Equity and USA Global Funds.
The Ivy Cundill Global Value Fund was ranked eighth out of 261 global funds tracked by Lipper for the last 12 months ending August 31, 2001.
Ivy's suite of international and global funds includes core products such as Ivy International Fund and Ivy Global Fund; regional offerings such as Ivy European Opportunities Fund, Ivy Pacific Opportunities Fund and Ivy Developing Markets Fund; style-specific funds such as Ivy International Value Fund and Ivy International Growth Fund; and sector offerings such as Ivy International Small Companies Fund, Ivy Global Natural Resources Fund and Ivy Global Science & Technology Fund.
announced today that the addition of Class B and C shares for AIM Aggressive Growth Fund and the addition of Class C shares for 12 of the former GT Global Funds will become effective on March 1, 1999, as approved by the Board of Directors/Trustees of the applicable funds.
AIM International Growth Fund, AIM Worldwide Growth Fund, AIM Emerging Markets Fund, and AIM Developing Markets Fund all are former GT Global Funds that became part of The AIM Family of Funds(R) in June 1998.
AIM International Growth Fund, AIM Worldwide Growth Fund, AIM Emerging Markets Fund, and AIM Developing Markets Fund are all former GT Global Funds that recently became part of The AIM Family of Funds(R).
Specialty international and global funds are provided through Seligman Henderson Co.
If the persistent talk of policy paralysis, high inflation, rating downgrades, financial scams and earnings slowdown is forcing you to defer putting money in Indian equities, it is time to consider investing abroad by buying units of global funds.

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