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managed fund

Line breaks: man|aged fund

Definition of managed fund in English:

noun

An investment fund run on behalf of an investor by an agent (typically, an insurance company).
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.

Definition of managed fund in:

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