pooled fund

Definition

Any fund in which multiple investors contribute assets and hold them as a group. A common example of a pooled fund is a unit trust.

Use pooled fund in a sentence

It was a pooled fund and had a lot of investors working with it, which was interesting for me to watch.

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The pooled fund was generated by several investors who shared similar beliefs and preferences so the fund functioned especially well.

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If you are interested in investing in a certain financial investment and don't have enough funds on your own, you might consider a pooled fund which would include a group of investors who are interested in the same investment.

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