fund group

Fund Family

A set of mutual funds managed by a single company. The funds within a fund family have different investment goals and/or strategies. However, because the same company manages the whole family, individual investors may generally move money from one fund to another without extra commissions or fees. This allows investors to be flexible in their own investment goals according to their particular needs at a given time. A fund family is also called a group of funds.

fund group

References in periodicals archive ?
Credit Suisse Asset Management's Private Fund Group (PFG) has said that it has launched a new team to advise on direct investments.
BANKING AND CREDIT NEWS-December 2, 2014-GSM Fund Group completes reverse split, name change
M2 EQUITYBITES-December 2, 2014-GSM Fund Group completes reverse split, name change
Investcorp's New York-based Hedge Fund Group has announced that industry veteran, Lionel Erdely, will join the firm as head of hedge funds and chief investment officer.
As of 30 June 2013, Investcorp's hedge fund group had approximately $4.2 billion of assets under management, including $2 billion allocated to the Single Manager Platform, the firm's hedge fund seeding business that was established in 2004.
The transaction was carried out via The Gores Small Capitalization Fund Group.Country: USASector: Road Transport/Freight TransportTarget: Preprint Logistics Management IncBuyer: The Gores Group LLC, The Gores Small Capitalization Fund Group, The Clark Group Inc Type: LBOStatus: Closed
equity funds absorbed a 19-week high of $14 billion, primarily due to flows into the SPDR S&P 500 ETF Trust and the iShares Russell 2000 Index Fund, without which the fund group would have seen outflows.
Summary: HDFC won the Best Fund Group Overall award.
Dubai: ICICI Prudential took top honours, winning the prestigious 'Best Overall Fund Group' Award at the annual Gulf Fund Awards at a ceremony held in Dubai on Tuesday evening.
In February 2005, Nikko AM's expertise in asset management was recognized when Nikko AM Tokyo received the Lipper Award for Best Fund Group, based on its outstanding performance in three asset class categories: equity funds, fixed income funds and mixed asset funds.
Hedge fund group Man today agreed a pounds 100m deal to buy London-based derivatives group GNI from Old Mutual.
AMW believed they had secured some lead equity funding through the new Patten Post Diversification Fund Group. Eleven North Shore communities stretching from Thessalon to Spanish were eligible for funding under a special $14.6-million economic development fund.

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