Glossary entry

English term or phrase:

clone fund

Polish translation:

fundusz indeksowy (\"klonowany\")

Added to glossary by Roman Kozierkiewicz
Apr 3, 2012 08:44
12 yrs ago
English term

clone fund

English to Polish Bus/Financial Investment / Securities investment funds, mutual funds
Według definicji:

"A mutual fund that replicates the performance or strategy of an existing mutual fund or index through the use of derivatives".

http://www.investopedia.com/terms/c/clonefund.asp#axzz1qxqqV...
Change log

Jan 3, 2013 10:36: Roman Kozierkiewicz changed "Edited KOG entry" from "<a href="/profile/884572">Krystian Aparta's</a> old entry - "clone fund"" to ""fundusz indeksowy (\"klonowany\")""

Proposed translations

57 mins
Selected

fundusz indeksowy ("klonowany")

Clone funds, or as they are commonly known in the United States as index funds, became increasingly popular from 2001-2005 until a legislative law changed all that. In mid-2005, the Canadian legislature changed the limits on the amount of foreign investment that investors could have in their Registered Retirement Savings Plan (RRSP). If an investor wanted to avoid this, for example, they would invest in a clone fund (index fund) because it is considered a Canadian security since the fund invests in Canadian companies.21
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