Offshore fund

(redirected from Offshore funds)

Offshore fund

A mutual fund whose headquarters is based outside the United States.

Offshore Mutual Fund

A mutual fund based outside the United States. Offshore mutual funds must comply with regulations in the countries in which they are registered, but need not comply with American regulations. Offshore mutual funds cannot be sold in the United States unless they comply with these regulations, but they may invest in U.S. securities.

Offshore fund.

An offshore fund is a mutual fund that's sponsored by a financial institution that's based outside the United States. Unless the fund meets all the regulatory requirements imposed on domestically sponsored funds, it can't be sold in the United States.

However, an offshore fund may be sponsored by an overseas branch of a US institution, may invest in US businesses, and may be denominated, or offered for sale, in US dollars. In total, there are approximately four times as many offshore funds as there are US-based funds.

offshore fund

money and FINANCIAL SECURITIES held by a FINANCIAL INSTITUTION which has its registered office in an overseas country (usually a TAX HAVEN such as Bermuda, the Cayman Islands or Jersey).
References in periodicals archive ?
New Delhi: India-focussed offshore funds and Exchange Traded Funds (ETFs) witnessed net inflows of USD 565 million in November and helped the overall tally to reach nearly USD 6.
Even as foreign institutional investors (FIIs) are ramping up their share purchases, India-focussed offshore funds continue to remain big sellers on the bourses.
He had arrogantly brushed off his tax affairs as a private matter then insisted he had not benefited from any offshore funds, before finally coming clean in a TV interview.
In a statement on Tuesday, a spokesman for Cameron told Reuters that the prime minister, his wife and their children did not benefit from any offshore funds at present.
I own no shares, no offshore trusts, no offshore funds, nothing like that.
RECORD the and it clear tax "I have no shares, no offshore trusts, no offshore funds - nothing like that.
VX) has said that it has launched its Depositary 'Lite' platform to support managers of offshore funds and fulfil the requirements of the Alternative Investment Funds Directive (AIFMD).
The result shows that investment tools and services attracting OBU customers mostly include renminbi-denominated products (20 percent), offshore funds that have not yet been introduced into Taiwan (16 percent), high yield bonds (13 percent), hedge funds (13 percent), offshore structured products like structured notes (9 percent) and private equity funds (9 percent).
The Financial Supervisory Commission (FSC) has decided to lower the ceiling on the share of offshore funds held by domestic investors from the current 90% to just 70% in order to put a damper on overheated sales.
We have distribution agreements with top eight fund houses in India while we offer 100 plus funds from our offshore funds basket.
investment trusts, closed-end offshore funds and closed-end U.
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