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Finance Dictionary and Glossary of Investment Terms
A mutual fund investing in stocks or bonds throughout the world, including the U.S. This differs from an international fund, which does not include the U.S. Global funds can provide more opportunities for diversification than domestic funds alone, but there can be additional risks associated with global funds, including currency fluctuations and political and economic instability. also called world fund.
A mutual fund that can invest in companies located anywhere in the world, including your own country.
A mutual fund that can invest anywhere in the world, including the U.S.