单词 | managed fund |
释义 | > as lemmasmanaged fund managed fund n. Finance a unit-linked investment plan in which a client's premium is converted into a combination of fixed-interest and property investments, which may be adjusted at the discretion of the fund's managers. ΚΠ 1941 Jrnl. Polit. Econ. 49 499 His research staff recomputed the index so that it would more nearly represent an ‘unmanaged’ fund.] 1969 Jrnl. Financial & Quantitative Anal. 4 464 It can be argued that an unmanaged market portfolio..is not an appropriate standard for comparison with a managed fund. 1993 Scotsman 20 Feb. 13/4 The best way to invest in a portfolio of international bonds is through a managed fund, such as a unit trust. < as lemmas |
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