International Fund

Business / Taxes / International Fund: This type of mutual fund invests in stocks, bonds, or cash equivalents that are traded in overseas markets, or in indexes that track international markets. Like other funds, international funds have investment objectives and strategies, and pose some level of risk, such as the risk that currency fluctuations may greatly affect the fund's value. Some international funds focus on countries with established economies, some on emerging markets, and some on a mix of the two. US investors may buy funds that invest in other markets to diversify their portfolios, since owning a fund is usually simpler than investing in individual securities abroad. A different group of funds, called global or world funds, also invest in overseas markets but typically keep a substantial portion of their portfolios in US securities.

Other Words for Fund

Fund Adjective Synonyms: supply, stock, reserve, store, pool, cache, reservoir, repository, mine
Fund Noun Synonyms: finance, back, capitalize, stake, support, pay for, endow, grant, subsidize
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Other Words for International

International Adjective Synonyms: supranational, global, worldwide, universal, intercontinental, cosmopolitan, ecumenic(al) or oecumenic(al), foreign
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Global Fund

Business / Finance / Global Fund: A receipt denoting ownership of foreign-based corporation stock shares which are traded in numerous capital markets around the world. MORE

World Fund

Business / Taxes / World Fund: US-based mutual funds that invest in securities from a number of countries, including the US, are known as world funds or global funds. Unlike international funds that buy only in overseas markets, wo MORE

Nonrefundable

Business / Finance / Nonrefundable: Not permitted, under the terms of an indenture, to be refundable. MORE

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