umbrella fund
noun[C]
FINANCE,STOCK MARKETukusaninvestmentfundthatinvestsin otherfunds:
Umbrellafundscan beformedtoenableinvestorstoswitchmoreeasilybetweenfundsrunby themanagers.
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fund of funds
Examplesofumbrella fund
umbrella fund
In anumbrellafundthere are several participating employers who enjoy more or less the same benefits and the fund is managed by professional trustees.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Anumbrellafundcan be also a scheme set up to provide retirement, death and other benefits to members of a participating employer.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.I understand that about £500 million is available in what is known as theumbrellafund—the national and regional fund.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
A newumbrellafundwill help to finance enterprise across the regions and it will support venture capital.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
They are mostly commonly used in the formation of collective investment schemes as umbrella funds and for the formation of captive insurance companies (typically a variation of a rent-a-captive).
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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