Glossary entry (derived from question below)
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...
"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...
Proposed translations
(Polish)
4 | fundusz indeksowy ("klonowany") | Roman Kozierkiewicz |
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
4 KudoZ points awarded for this answer.
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