Offshore fund


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Offshore fund

A mutual fund whose headquarters is based outside the United States.

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.

Offshore fund.

An offshore fund is a mutual fund that's sponsored by a financial institution that's based outside the United States. Unless the fund meets all the regulatory requirements imposed on domestically sponsored funds, it can't be sold in the United States.

However, an offshore fund may be sponsored by an overseas branch of a US institution, may invest in US businesses, and may be denominated, or offered for sale, in US dollars. In total, there are approximately four times as many offshore funds as there are US-based funds.

offshore fund

money and FINANCIAL SECURITIES held by a FINANCIAL INSTITUTION which has its registered office in an overseas country (usually a TAX HAVEN such as Bermuda, the Cayman Islands or Jersey).
References in periodicals archive ?
While the performance of the Offshore Fund has been compared here with
ASK Group, a diversified financial services group announced that it has created the maiden investment from its offshore fund in ATS Group s project in Noida, worth INR 127 crore.
The collaboration between the TDCC and Calastone will enable Taiwan Fund distributors, master agents and offshore fund managers to benefit from the global trend towards automated order flow processing.
The underlying purpose for using an offshore fund remains as convincing as ever, but the number of OFCs in which they can be domiciled is likely to decrease," added BVI partner, Simon Schilder.
Union Bank of Taiwan has said that it has signed up with global fund transaction network, Calastone, to automate its offshore fund transactions.
In addition, an offshore fund with high share of foreign investors can arouse international concern, should anything go wrong.
Rosemount Offshore Fund to Meet Investor Demand for Trade Finance Obligations
appropriate benchmark for the Offshore Fund whose holdings, performance
Global Banking News-23 March 2009-Credit Suisse planning for offshore fund in India(C)2009 ENPublishing - http://www.
In addition, we have a basket of mutual funds from both domestic and offshore fund houses.
Pirate Capital serves as the investment advisor to four event-driven hedge funds: Jolly Roger Fund LP, Jolly Roger Offshore Fund LTD, Jolly Roger Activist Fund LP and Jolly Roger Activist Fund LTD.
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