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词汇 umbrella-fund
释义 umbrella fund
noun[ C ]
 FINANCE, STOCK MARKETukus
an investment fund that invests in other funds:
Umbrella funds can be formed to enable investors to switch more easily between funds run by the managers.
Compare
fund of funds

Examples of umbrella fund


umbrella fund
In an umbrellafund there are several participating employers who enjoy more or less the same benefits and the fund is managed by professional trustees.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
An umbrellafund can be also a scheme set up to provide retirement, death and other benefits to members of a participating employer.
From
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 the umbrellafund—the national and regional fund.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
A new umbrellafund will 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 the Open 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).
From
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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