single-country fund

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Single-country fund

A mutual fund that invests in individual countries outside the United States.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
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.
References in periodicals archive ?
Strictly speaking, this is not a single country fund as the managers also hold several Tunisian stocks within the portfolio.
In the second of a two-part series, ANDREW ALBUM looks at the spread and performance of single country funds in the region.
The ETFs Marketfield owned at the end of the first half included single country funds -- for South Korea, Mexico and China -- and sector-specific U.S.
The industry has been held back by a lack of a long term track records, a lack of diversification opportunities and an oversupply of very concentrated and volatile single country funds. As time has gone by, these issues have been largely resolved.
The preferred route for gaining exposure to emerging markets of more than half of those surveyed was through global emerging market funds, followed by single country funds, then regional funds (MENA, EMEA etc)
EMEA, as a region, is still being shunned by investors, as total outflows from the regional funds, including single country funds, stood at $330 mln (0.84% of AuM) compared to LatAm losing $242 mln (0.53%) and Asia shedding $477 mln (0.23%).
From broad, regional ETFs, which give investors diversified exposure to popular investment areas like the Middle East and North Africa (MENA) region or the hot markets of Brazil, Russia, India and China (the BRICs), to single country funds holding large-cap stocks, the opportunities are boundless, Lydon says.