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The Finance Section Glossary

Currently viewing the definition of: Umbrella Fund


	An umbrella fund contains a collection of sub-funds. Each sub-fund will focus on a different sector or market., including overseas markets. Investors pay in to the umbrella fund but then have a wide variety of options for their investments. This saves the investor administration time by investing with only one fund. Consequently the fees are likely to be lower than if the investment was spread over several different managers.

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