Global fund

(redirected from World Funds)

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.
References in periodicals archive ?
SimCorp A/S (CPH: SIM) announced on Tuesday that it was informed on 15 April 2019 that SMALLCAP World Funds Inc now owns 5.13% of the share capital and voting rights in SimCorp A/S.
Key sponsors of the challenge, which is presented by UNH's Center for Social Innovation & Enterprise, include Impax Asset Management|Pax World Funds, Kennebunk Savings Bank, Pierce Atwood LLP and Timberland.
In contrast, bond funds and world funds performed well on both an absolute and a relative basis.
Solutions for a Healthier World funds stem cell treatments for people who need them but cannot afford them.
* Global funds, also known as world funds, typically invest in the shares of any company in the world.
has launched lower-cost institutional shares of the no-load Amana Income, Amana Growth and Amana Developing World funds. The funds follow a conservative, tax-efficient, value-investment style and are traded under the following names: Amana Income Fund Institutional, Amana Growth Fund Institutional and Amana Developing World Fund Institutional.
Saturna Capital Corporation has introduced lower-cost institutional shares of the no-load Amana Income, Amana Growth and Amana Developing World funds. The funds follow a conservative, tax-efficient, value-investment style.
Carlyle bought the shares at INR190.00 per unit in the open market, with key vendors including Kotak India Fund, American Funds Insurance and Small Cap World Funds, the Economic Times said.
The planet concept, for example, features its own real cash economy with an in-game currency that can be purchased and redeemed back into real world funds.
Joe Keefe is President and CEO of Pax World Management Corp., investment adviser to Pax World Funds (www.paxworld.com).
In 1971, two Methodists launched Pax World Funds, which shunned weapons manufacturers as well as other vices and served as a harbinger of today's SRI mutual fund industry.

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