commingled fund

Commingled Fund

1. A mutual fund in which money from several customers is pooled together to reduce risk and cost. Any fund investing a large amount of money is subject to a lower percentage of brokerage fees, and large accounts usually have smaller administrative costs than individual accounts. They also benefit from economies of scale, mitigating risk. However, capital gains in a commingled fund are distributed equally among investors, usually resulting in a smaller return.

2. A normally illegal practice in which a broker mingles his own funds with those of his/her client, making it difficult to distinguish to whom to give returns.

commingled fund

An investment fund that consists of assets of several individual accounts. A commingled fund is established to reduce the cost and effort required to manage accounts separately.
References in periodicals archive ?
SkyBridge Multi-Advisor Hedge Fund Portfolios ("Series G") is a multi-strategy commingled fund of funds product.
a commingled fund that will invest in real estate value creation strategies throughout the U.
Such accounts generally also encompass any accounts in which the assets are held in a commingled fund, and the account owner holds an equity interest in the fund (including mutual funds).
as well as the TIAA-CREF Asset Management Commingled Fund Trust I
They also defined foreign accounts as including those "in which the assets are held in a commingled fund and the account owner holds an equity interest in the fund (including mutual funds).
Ramius Alternative Solutions is an investment advisor offering a range of hedge fund investment and advisory solutions, including customized and commingled fund of funds, portfolio completion, portfolio hedging, and hedge fund replication services to a global institutional client base.
There is a mad dash by mutual fund complexes, index funds, commingled fund providers to offer non-lending equivalents to their Fund offerings.
Located in the Grand Central submarket, the 132,964-square-foot office building is owned in a joint-venture partnership between New York-based DCD America (DCD) and a commingled fund managed by ING Clarion Partners.
This assumes that such commingled fund managers typically actively manage their commingled portfolios.
The firm's suite of commingled fund of hedge fund products are comprised of an offshore and several onshore multi-strategy funds of hedge funds, which seek to provide additional diversification to an overall investment portfolio.
Ashkenazy Acquisition Corporation purchased the asset, and HFF also worked on behalf of the buyer to place a senior acquisition loan with the Bank of China and secured preferred equity through a commingled fund managed by American Realty Advisors.
The State is seeking a real estate investment consultant to provide services, including, but not limited to the following: advise on the management of the State s real estate investment advisors; evaluate and make recommendations relative to policy and internal guidelines for real estate investments; and assist the State in procuring real estate advisors and commingled fund managers.