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Wholesale Managed Fund

Discussion in 'Investing Glossary' started by Glossary, 28th Sep, 2006.

  1. Glossary

    Glossary Active Member

    12th Sep, 2006

    A managed fund typically designed for institutional investors, investing platforms, and high-net worth individual investors.

    Wholesale funds usually have no entry or exit fees, and have a lower ongoing management fee compared to a retail fund equivalent.

    There is often a much higher minimum investment amount compared to retail funds - for example, some wholesale funds require minimum investments of $100,000 or $250,000 - and sometimes more.

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