“Fund” is a very broad term that includes a lot of different investment structures.They are usually a collective investment that benefit from many advantages like economies of scale and diversification.
Despite having different structures funds always have several common denominators:
- Fund Manager or investment manager
- The shareholders or unitholders
- A board of directors or trustees
Each fund will evolve around defined investment goals, investing in a very diverse range of markets, instruments and strategies.
There are a lot of fund types, and terminology usually differs from a country to another.
Navigate the below links to have a definition of several fund types, these definitions will evolve alongside with this website to be more and more accurate and exhaustive.
Have a good read!