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global fund

   Also found in: Wikipedia 0.06 sec.
Global Fund
A mutual fund that can invest in companies located anywhere in the world, including your own country.

Notes:
Many people confuse a global fund with an international fund. The difference is that a global fund includes the entire world, whereas an international fund includes the entire world except for your home country.


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

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.

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WITH NEARLY 400 GRANTS APPROVED, the programmes financed by The Global Fund to Fight AIDS, Tuberculosis and Malaria are proving that treatment and prevention efforts are working where money is invested.
The United States provides hundreds of millions of dollars annually to the Global Fund to Fight AIDS, Tuberculosis and Malaria, but some evangelicals are fighting the allocation.
Richard Feachem, executive director of the Paris-based Global Fund to Fight AIDS, warns that India's official statistics are too low, and "that India is or is becoming the epicentre for the pandemic.
 
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