International fund

(redirected from International Mutual Funds)

International fund

A mutual fund that can invest only outside the United States.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

International Fund

A mutual fund that invests predominantly or exclusively in securities issued in foreign countries. An international fund does not necessarily concentrate on any single country, but it does not invest in securities from the country in which it operates. An international fund should not be confused with a global fund, which invests in both domestic and foreign securities.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

international fund

A mutual fund that invests in the equity securities of companies located outside the country in which the fund is located. Compare global fund.
What is the best method of investing in foreign securities?

Investing directly in international markets can be very expensive, as transaction fees are generally higher than in the United States. Additionally, smaller foreign markets often charge a higher premium when trading stocks. Other considerations are lack of liquidity and information in some foreign markets, different market operations, and withholding taxes. It is therefore recommendable that the novice investor invests in either global or international mutual funds. Although fund companies also pay transaction and exchange fees, they get better rates because of larger transaction sizes. Finally, international fund managers have the expertise it takes to maneuver through foreign economic, political, and currency trends. Also, fund managers have the ability to hedge against currency risks, thereby "insuring" part of your investment.

Thomas M. Tarnowski, Senior Business Analyst, Global Investment Banking Division, Citigroup, Inc.—Salomon Smith Barney, New York, NY, and London, UK
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.

International fund.

This type of mutual fund invests in stocks, bonds, or cash equivalents that are traded in overseas markets, or in indexes that track international markets.

Like other funds, international funds have investment objectives and strategies, and pose some level of risk, such as the risk that currency fluctuations may greatly affect the fund's value.

Some international funds focus on countries with established economies, some on emerging markets, and some on a mix of the two.

US investors may buy funds that invest in other markets to diversify their portfolios, since owning a fund is usually simpler than investing in individual securities abroad.

A different group of funds, called global or world funds, also invest in overseas markets but typically keep a substantial portion of their portfolios in US securities.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
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The firm offers a range of investment vehicles including ETFs, institutional and retail separately managed accounts, US and international mutual funds, and a UCITS fund.
Clients referred by CLSA are mostly well-established international mutual funds, and both clients' cash and shares are secured by credible custodian banks.
This global reach helped the firm establish key relationships with local and international mutual funds, pension funds, hedge funds, market counterparts, sovereign wealth funds, family offices, and other business.
The globally respected international mutual funds provided by Takaud include Black Rock, BNP Paribas, Dexia, Robeco, Franklin Templeton, PIMCO, Pictet, and Schroder amongst others.
Typically a customer can handpick anywhere between 10-300 international mutual funds to invest in.
On average, the regional mutual funds of emerging markets are smaller in size and have expense ratios that are lower than international mutual funds, but their portfolios are turnover at a higher frequency.
Mutual fund assets held in international mutual funds also declined to 31 percent in 2012 from 42 percent in 2008.
Following Saudi Arabia's Capital Market Authority approvals, TCW and Amundi have begun managing seven of NCB Capital's AlAhli range of international mutual funds with a combined total of $550 million.
"We hope the new development would contribute in uplifting our markets to the emerging market status, which will help attract more international mutual funds to our markets," he added.
Redman, Gullett and Manakyan (2000) examined the risk-adjusted returns using Sharpe's Index, Treynor's Index, and Jensen's Alpha for five portfolios of international mutual funds and for three time periods: 1985-1994, 1985-1989, and 1990-1994.

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