A fund with many different types of investors. May be either open-ended or closed-ended. Values of the portfolios range from two million to five billion dollars.
a unit trust in which investors contribute funds that are then invested, or managed, by a third party
An investment vehicle similar in nature to a mutual fund in that assets are pooled together and managed as part of one portfolio.
Is a trust fund operated and maintained for the purpose of the common or collective investment and reinvestment in the fund of contributions received by the trustee from the participants.
(Gestion commune) A joint account used to manage a pension fund or portfolio along with other pension funds or portfolios.
As indicated by its name, a pooled fund pools investors' money and invests in a portfolio of shares, bonds and cash. The type of securities held by a fund is governed by the fund's investment objective.
A number of individuals place their funds into one investment product fund (fund) that is then managed by an investment manager on behalf of all the investors.
Any fund in which multiple investors contribute assets and hold them as a group. A common example of a pooled fund is a unit trust.