Offshore Mutual Fund

(redirected from Off-Shore Mutual Funds)

Offshore Mutual Fund

A mutual fund based outside the United States. Offshore mutual funds must comply with regulations in the countries in which they are registered, but need not comply with American regulations. Offshore mutual funds cannot be sold in the United States unless they comply with these regulations, but they may invest in U.S. securities.
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However, they also noted that in contrast with K Capital's incentive to focus on short-term portfolio performance of its off-shore mutual funds, the Gyrodyne Board of Directors has an obligation to maximize value for all of Gyrodyne's shareholders when reviewing this and other proposals.
for unsuitable sales of Class B shares in off-shore mutual funds as well as failing to have adequate supervisory systems to monitor those sales.
Korean investors now have access to reports on approximately 1,000 domestic beneficiary certificates in addition to more than 110 off-shore mutual funds authorized for the Korean market.