Global fund

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Global fund

A mutual fund that can invest anywhere in the world, including the U.S.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Global Fund

A mutual fund or other investment company that invests in securities that are traded in various countries. This is done to reduce risk, often political risk. For example, if one country's government announces a larger than normal budget deficit, or the central bank raises interest rates, this may affect security prices in one country, but not necessarily in other countries that did not take equivalent steps. Likewise, if a whole industry fails in one country, but thrives in another, investing in the same industry in both countries hedges one's risk. Some analysts argue that country diversification is less effective in an era of globalization, but other analysts dispute that. A global fund is also called a world fund. See also: Country diversification.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Global fund.

Global, or world, mutual funds invest in US securities as well as those of other countries. In that way, they differ from international funds, which invest only in non-US markets.

Although global funds may keep as much as 75% of their assets invested in the United States, fund managers are able to take advantage of opportunities they see in various overseas markets.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
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With over $227 million in assets under management, the Women's Leadership Fund is the first global mutual fund to invest in the highest-rated companies in the world for advancing women's leadership.
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However, in the same period, global mutual fund assets fell 4.5 per cent year-on-year to $24.8 trillion in 73,490 funds due to a weak euro and the exchange rate effect weighing on European fund assets in US dollar terms.
Global mutual fund assets stood at $25.9 trillion (+14 per cent y-o-y) at the end of 2011Q2 in 71,030 funds, according to data compiled by Investment Company Institute (ICI) from 40 countries.
Likewise, the global mutual fund industry regained some lost ground in 2010 and the Gulf Cooperation Council (GCC) countries witnessed a flurry of new funds.
The global mutual fund industry regained some lost ground in 2010 and the Gulf Cooperation Council countries (GCC) witnessed a flurry of new funds, according to the GCC Mutual Fund Industry Survey 2010.
RIGA -- In a boost of confidence to Latvia's leading pharmaceuticals company, global mutual fund investment company Templeton Asset Management has acquired a significant number of shares in Grindeks, reports news agency LETA.
Anne Templeton Zimmerman, the only daughter of the world-renowned pioneer of the global mutual fund, Sir John Templeton, and the wife of former Wyoming State Senator, Gail Zimmerman, died December 16, 2004.
The European fund - created by airlines, airports, aircraft manufacturers and other industry interests - will eventually be replaced by a global mutual fund, to be established by the International Civil Aviation Organisation.
This was more than twice as large as the global pensions market and three times the size of the global mutual fund industry.
22 that emerging market (EM) funds had seen net inflows of "$13.2 billion since late July, bringing the share of EM assets in the portfolios of global mutual fund and ETF investors to 11.7% by mid-August--the highest level in a year."

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