Collective Fund

Collective Fund

1. A fund that has a set number of shares, which are then traded. Due to the finite number of shares, the fund's value rises and falls according to supply and demand. See also: open-ended fund.

2. A fund that has special permission from the IRS to include tax-exempt or tax-deferred investments such as IRAs or pensions in its portfolio in order to diversify.
References in periodicals archive ?
Businesses with a rateable value of PS12,001 or above will pay a levy based on that value, creating a collective fund of more than PS2 million to spend over the next five years.
He said that Chief Minister of Punjab Usman Buzdar approved a collective fund worth Rs.
The Government has given the green light for a new pension scheme that pays out a regular income from a collective fund, rather than savers producing individual pots.
He said if divided among 91 entities a very small amount of Rs150,000 went for each member, adding with collective fund much could be done for the people's welfare.
Companies, unions and contractors should not be left to their own devices in this regard, she said.<br />"We think that it's better where there's a collective fund and a regional effort toward recruitment rather than leaving it to the individual," she said.<br />Workforce retention is also highlighted in the report, which states that a concerted effort must be made before women and minority tradespeople are able to operate in a workplace culture in which they do not feel discriminated against.<br />The report, released earlier this month, shows that women account for just 4 percent of the roughly 23,000 workers in Oregon's construction industry.
It does not produce an individual "pension pot", which you then have to decide how best to use for your retirement, but pays out a regular retirement income from the collective fund.
From the DFSA's recently updated Collective Fund Regime to potential legislative changes on the horizon, we believe Dubai and DIFC can play a central role in attracting assets to the region and preparing it for the future of the financial services industry.
From the DFSA's recently updated collective fund regime to potential legislative changes on the horizon, we believe Dubai and the DIFC can play a central role in attracting assets to the region and preparing it for the future of the financial services industry," said Arif Amiri, chief executive officer of the DIFC Authority.
The RPMA held money on behalf of the individual residents, while the Amenities Fund, supported largely by fundraising activities, was a collective fund used to pay for social activities or related purchases at the home.
Invesco Trust is a subsidiary of Invesco Ltd., an Atlanta-based investment management firm; the Invesco Short-Term Investment Fund (ISTIF) is a multibillion-dollar collective fund composed of ERISA plan assets.
Emilio Aguinaldo in 1898, relevant to the finances of the Revolution: In the month of June, he instructed General Paua to cajole the Chinese of Nueva Caceres to invest in one hundred thousand pesos worth of government bonds, and those in Albay and Ambos Camarines to contribute a collective fund of approximately fifty thousand pesos.
An organic checkoff program could raise up to an estimated $40 million annually through a collective fund to which all organic stakeholders could contribute.
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