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Instead of putting all your money in an S&P 500 tracker, you could put some of it in a fund of local businesses.
Typically in a fund of hedge funds, the underlying funds themselves charge substantial fees, often including a 20percentt commission on profits.
Damien Fahy, founder of moneytothemasses.com, says you can spread your risk by investing in a fund of bonds using your tax-free Isa allowance.
Eight named beneficiaries were given lifetime interests in a fund of £600,000 and the balance was left to a charitable trust he had created in 1984.
An investor who puts a million dollars in a fund of funds whose value goes up ten per cent in twelve months would face deductions of about sixty thousand dollars on the gains he makes.
Is Said to Be in Talks to Buy Stake in a Fund of Funds | A deal with Prisma Capital Partners, which oversees nearly $8 billion in hedge fund investments, would accelerate K.K.R.'s evolution from a buyout shop to a large asset manager, Mr. Ahmed reported.
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In Year 3, a fund of $3000 $750/quarterr) will facilitate intellectual and professional development in interdisciplinary research.
In April, Permal Group, a fund of hedge funds, launched a tactical-allocation mutual fund.
Axa Venture Partners also operates a growth fund and invests in other funds through a fund of funds.
Bank of New York acquired Ivy, a fund of funds, in 2000.
A manager of a portfolio of hedge funds — a "fund of funds," in Wall Street lingo — the New York-based firm has about $4.6 billion under management.
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