dual fund

Dual Purpose Fund

A closed-end fund that offers two types of shares: income shares and capital shares. Income shares offer holders a portion of the fixed return on the fund's portfolio, and attract low-risk investors. Capital shares do not offer a portion on the fixed return, but instead offer holders a portion of the returns on stocks or similar investments, attracting medium- or high-risk investors. An advantage to the dual purpose fund is that it offers shareholders a choice as to which type of investment they would like to make.

dual fund

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The annual challenge raises cash for the Keep It Up campaign, a dual fund for the Yorkshire Air Ambulance and Town's academy.
Masdar Capital's dual funds manage a portfolio of global assets worth more than $540 million, making it one of the world's leading players in clean technology investment.