International mutual fund

International mutual fund

A mutual fund that invests strictly in securities markets throughout the world, excluding the United States. A global fund, on the other hand, invests in both foreign and domestic securities.

International Fund

A mutual fund that invests predominantly or exclusively in securities issued in foreign countries. An international fund does not necessarily concentrate on any single country, but it does not invest in securities from the country in which it operates. An international fund should not be confused with a global fund, which invests in both domestic and foreign securities.