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Single-Country Fund

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Single-country fund
A mutual fund that invests in individual countries outside the United States.
single-country fund
A mutual fund that invests in securities of one country. A single-country fund, for example, might invest only in securities issued in Australia.
Single-Country Fund
A mutual fund that invests predominantly or exclusively in the securities of a single country. While a single-country fund may be diversified in other ways ? for instance, it may hold both stocks and bonds ? it is usually exposed to political risk. Some analysts argue that in an age of globalization, there is little difference in single-country and multi-country funds, but others dispute that. See also: Country diversification, WEBS.


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