Definition of managed fund in English:

managed fund

Syllabification: man·aged fund

noun

  • An investment fund run on behalf of an investor by an agent (typically an insurance company).
    More example sentences
    • This differs from an ordinary managed fund, where the investment discretion lies solely with the fund manager.
    • The higher-risk profile of some hedge funds relative to normal managed funds arises principally from the ability to leverage with debt or to trade on margin.
    • Make sure you avoid endowment based savings plans, managed funds and any investments you don't understand.

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Word of the day skosh
Pronunciation: skəʊʃ
noun
a small amount; a little