Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- GLOBAL FUND
Global, or world, mutual funds invest in US securities as well as those of other countries. Global funds differ from international funds, which invest only in overseas-non-US-markets. Although global funds typically keep approximately 75% of their assets invested in the US, fund managers are able to take advantage of opportunities they see in a variety of overseas markets.Back