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What is the global fund?
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17th Dec 2009 by Gary
A global fund is a type of fund you can use to invest in companies located around the world, including your own country. That's how it's differentiated from what is called an international fund, which can invest anywhere, with the exception of your home country. The fund can be an ETF, closed-end fund or mutual fund. The purpose of the fund is to hedge against the fluctuations in currency and inflation.
A global fund is a type of fund you can use to invest in companies located around the world, including your own country. That's how it's differentiated from what is called an international fund, which can invest anywhere, with the exception of your home country. The fund can be an ETF, closed-end fund or mutual fund. The purpose of the fund is to hedge against the fluctuations in currency and inflation.
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1st Dec 2009 In Investing
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Subjects: global fund,