Feeder Fund

Feeder Fund

A mutual fund or other fund that invests exclusively in another fund. Shares of the feeder fund represent shares in the second fund (called a master fund), which, in turn, represent shares in the underlying securities. Feeder funds are relatively common when the master fund contains tax disadvantages for shareholders that the feeder fund remedies. See also: Fund of funds.
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(Alliance News) - BH Macro Ltd on Friday reported a sharp rise in net assets over the first half as the feeder fund enjoyed the success of its master fund.
Trading in the asssociated Woodford Equity Income Feeder Fund was also suspended.
Morgan Stanley and iCapital Network announced that iCapital has entered into a strategic relationship with Morgan Stanley where iCapital will become the exclusive feeder fund service provider for Morgan Stanley's Wealth Management Alternative Investments Group, with responsibility for the oversight functions of the group's alternative investment feeder fund assets.
BDO currently manages six US dollar-denominated global feeder funds. All six funds found its way to the top 10 dollar-denominated equity UITFs in the country, including its newly launched fund, the BDO Global Equity Index Feeder Fund at rank 3.
Based on fund performance figures published by www.uitf.com, the BDO China Equity Feeder Fund landed the top spot for dollar-denominated global equity funds with its 18.4 percent return since the start of 2019.
Made available to local investors for a minimum of P5,000 or $100, the new unit investment trust fund (UITF) called Dragon Growth Equity Feeder Fund is described as a fund that adopts 'flexible and dynamic' allocations between China and Hong Kong equities according to changes in market conditions, government policies, industry trends and individual holdings.
Samana has tied up with IBMC UAE to float a feeder fund in Abu Dhabi to tap investors from GCC and other international markets for the $560 million AIF and is in talks with sovereign wealth funds, family offices and other large fund houses in the Gulf to invest in the fund.
Last month, ADGM's Next Orbit Ventures launched a $2 billion feeder fund for Indian semiconductor firms.
While $1.5 billion will be raised from this region as feeder fund by NOVF ESDM, the remaining $500 million has already been secured by Next Orbit Ventures Fund-II (NOVF-II) from a consortium of investors involving both the Indian government and UHNIs.
While $1.5 billion will be raised from this region as feeder fund by Next Orbit Ventures, the remaining $500 million has already been secured from a consortium of investors including both the Indian government and ultra-high net worth individuals.
India's Next Orbit Ventures ESDM is looking to raise $2 billion (Dh7.34 billion) from the UAE and other GCC entities and investors as part of feeder fund to invest in the semi-conductor and electronics facilities in the South Asian country.
While $1.5bn will be raised from this region as feeder fund by NOVF, the remaining $500m has already been secured by Next Orbit Ventures Fund-II from a consortium of investors involving both the Indian government and UHNIs.