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Meaning of umbrella fund | Babel Free

Noun CEFR B2

Definitions

A collective investment scheme that exists as a single legal entity but has several distinct subfunds traded like individual investment funds.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

umbrella grass umbrella insurance umbrella octopus umbrella organisation umbrella organization umbrella palm

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