single-country fund

(redirected from Country Fund)

Single-country fund

A mutual fund that invests in individual countries outside the United States.

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.

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.
References in periodicals archive ?
USDA's partnerships with more than 500 telecommunications providers across the country fund broadband infrastructure investments that are uniquely designed to meet the specific needs of each rural community.
Germany will donate 30 million euros to Burundi to enable the African country fund its hydro-electric infrastructure, PANA reported from here, quoting the Burundi Finance Minister, Abdallah Tabou Manirakiza.
Virtus has filed registrations with the SEC for the Virtus Disciplined Equity Style Fund, Virtus Disciplined Select Country Fund and Virtus Disciplined Select Bond Fund.
Why should the hard-working people of this country fund the continuing over-population of the planet?
The grants are part of the $40 million HUD made available last April to help public housing authorities across the country fund rental vouchers for non-elderly individuals with disabilities under the following categories:
investor sentiment fails to account for cross-sectional differences in EM country fund premiums.
5 billion dedicated to direct investments in China and has recently launched a specific country fund, the Japan China Fund.
Not surprisingly, as a result of the small number of observations for most country fund categories, only two--the Canada and Russia funds--were found to be statistically different at the 95 percent confidence level.
Strictly speaking, this is not a single country fund as the managers also hold several Tunisian stocks within the portfolio.
If the discounts (premiums) are mean reverting, a strategy of switching from foreign equities into a closed-end country fund when the discount is relatively high and selling the fund and buying foreign equities when the discount is low has the possibility of producing extra returns.
Our strategy is to launch a country fund for each of the Middle East countries and allow our clients to access these markets as part of our product range," says Shahid Hameed, head of asset management, GCC, who launched the two funds.
To help the country fund its Public Corporate Governance and Investment Promotion Support Programme (PAGEPPI), the African Development Bank Group (AfDB) has agreed to provide an EUR 15-million general budget support loan to Cape Verde.