DEFINITION of 'Foreign Fund'
A mutual fund, closed-end fund or exchange-traded fund that invests in companies located outside of the investor's country of residence.
Also known as an "international fund."
INVESTOPEDIA EXPLAINS 'Foreign Fund'
Foreign funds offer individual investors access to international markets. Investing abroad poses risks, but can also help investors diversify their portfolios.
It is important to recognize the difference between global funds and foreign funds. Global funds can invest in securities from any country, including the investor's home country.
A security that tracks an index, a commodity or a basket of assets ...
A closed-end fund is a publicly traded investment company that ...
A type of mutual fund, closed-end fund or exchange-traded fund ...
A mutual fund that can invest in companies located anywhere outside ...
An investment vehicle that is made up of a pool of funds collected ...