world fund

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.

world fund

World fund.

US-based mutual funds that invest in securities from a number of countries, including the United States, are known as world funds or global funds.

Unlike international funds that buy only in overseas markets, world funds may keep as much as 75% of their investment portfolio in US stocks or bonds.

Because world fund managers can choose from many markets, they are often able to invest in those companies providing the strongest performance in any given period.

References in periodicals archive ?
M2 EQUITYBITES-November 15, 2016-Lazard World Fund announces stock repurchase
BANKING AND CREDIT NEWS-November 15, 2016-Lazard World Fund announces stock repurchase
Prior to joining the UN, Lute was executive vice president and chief operating officer of the United Nations Foundation and the Better World Fund, worked on the Carnegie Commission on Preventing Deadly Conflict, and served on the national security staff under President George H.
Transparency notification was received by the company on 17 May 2012 from Capital Research and Management Company, who are acting as investment adviser of SMALLCAP World Fund Inc, Los Angeles, USA.
The president also heeded a previous call by the World Fund for Nature back in 2007 on Earth Day falling today, to save energy in a bid to provide a sustainable power supply for all.
Tharwa Investment's World Fund achieved a return of 8.
During that time, Barefoot has contributed to more than 200 LGBT non-profits, including the Matthew Shepard Foundation, Anti-Violence Project, GLAAD, Golden Gate Business Association, Our on Film, Gay Days Orlando, PFLAG, Toronto PRIDE Festival, Inter-PRIDE Associations, the Rainbow World Fund and many more.
Summary: Taif, Saudi Arabia, Safar 08 Safar, 1432, Jan 12, 2011, SPA -- Pictures of Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud prevailed in the Peace Scout Exhibit currently held in Curitiba, Brazil, organized by Scout World Fund within activities and functions of the 39th World.
7, 2010 (TAP) - Tunisia reiterates its support to the world fund of fight against A.
World Fund Pakistan coordinator Laal Khan Babar said that the workshop is a positive step to raise the issue through extension staff of the government.
International relief agency the Rainbow World Fund also sponsors humanitarian journeys to countries with people in need, providing volunteers and raising money while giving visitors direct contact with local cultures and individuals.

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