commingled fund

Commingled Fund

1. A mutual fund in which money from several customers is pooled together to reduce risk and cost. Any fund investing a large amount of money is subject to a lower percentage of brokerage fees, and large accounts usually have smaller administrative costs than individual accounts. They also benefit from economies of scale, mitigating risk. However, capital gains in a commingled fund are distributed equally among investors, usually resulting in a smaller return.

2. A normally illegal practice in which a broker mingles his own funds with those of his/her client, making it difficult to distinguish to whom to give returns.

commingled fund

An investment fund that consists of assets of several individual accounts. A commingled fund is established to reduce the cost and effort required to manage accounts separately.
References in periodicals archive ?
BABIF is Barings' first commingled fund that will invest directly in real assets and asset-based businesses designed to generate current income and opportunities for capital appreciation.
Fondo Renta Residencial II is Greystar's and Credicorp Capital's second discretionary commingled fund focused on both the acquisition and development of high-quality rental housing assets in Chile.
Clarion Partners made the acquisition on behalf of a commingled fund and a separate account, both managed by the firm.
Lowe Enterprises Investors (LEI) provides real estate investment management services on behalf of a select list of institutional and high net worth clients and partners through individually managed accounts, commingled fund relationships and targeted investment programs.
A stable value fund is set up in one of two ways-either as a separately managed account, which is a stable value fund managed for one specific 401(k) plan, or as a commingled fund, which pools together assets from many 401(k) plans.
The clear trend among these investors is to opt for separate account or joint venture (JV) relationships with fund managers rather than the typical commingled fund arrangement.
To be included in the ODCE, a fund must be an open-end commingled fund pursuing a diversified core investment strategy.
Such accounts generally also encompass any accounts in which the assets are held in a commingled fund, and the account owner holds an equity interest in the fund (including mutual funds).
MACs can deliver control of assets, transparency and independence benefits in comparison to a conventional commingled fund structure.
"There is a mad dash by mutual fund complexes, index funds, commingled fund providers to offer non-lending equivalents to their Fund offerings."
On June 1, it will officially launch the private open-end commingled fund.
Clarion Partners purchased the asset free and clear of existing debt in a highly-competitive process on behalf of a commingled fund.