主联基金结构(Master-Feeder Fund Structure),它简称为联接(Feeder Fund),它的作用通常是从 美国应税投资者(U.S. Taxable Investors)、美国免税投资者(U.S. Tax-exempt Investors)和非美国投资者(Non-U.S. Investors)筹集的资金积累到一个中央工具—— 主基金(Master Fund),通过这样一个分类和汇总,可以提高可...
Master-feeder结构是一种常见于对冲基金和某些共同基金中的投资结构,目的是通过集中资产管理来提高效率并降低成本。这种结构通常涉及至少两个基金:一个主基金(master fund)和一个或多个投资基金(feeder funds)。主基金是集中管理所有投资的实体。所有的投资决策和交易都在这个基金中进行,它直接持有所有的投资资产。投资...
回复@仓又加错-刘成岗: master-feeder fund structure 是标准海外基金结构//@仓又加错-刘成岗:回复@张小丰:对 引用:2024-07-07 08:35 民间股神林园跌落神坛,多只产品净值腰斩,遍地亏损超30%!近期,关于民间股神林园投资业绩的消息持续刷屏,其管理的多款产品净值腰斩,近三年业绩被清洗,跌幅30%、40%的俯拾皆是...
A master-feeder structure is an investment structure used byhedge fundsunder which multiple investors invest in onshore and offshore “feeder” funds, which, in turn, invest in a larger “master” fund. The master and feeder funds are typically managed by the same designated investment manager,...
1.A master-feeder fund structure refers to a fund (the feeder fund) that invests 90% or more of its total net asset value in another single fund (the master fund). Such funds are permitted under para. 7.12 of the Code on Unit Trusts and Mutual Funds provided that both the feeder fund...
A master-feeder investment structure including at least one top tier multi-strategy portfolio, at least one intermediate tier multi-strategy portfolio; and at least one lower tier single strategy fund. The single strategy fund makes a plurality of hedge fund investments in accordance with its ...
Each feeder fund invests all of its assets in a corresponding master portfolio. All security investments are made at the master portfolio level. This structure is sometimes called a “master/feeder” structure. Each feeder fund’s investment results will correspond directly to the investment results...
A master-feeder investment structure including at least one top tier multi-strategy portfolio, at least one intermediate tier multi-strategy portfolio; and at least one lower tier single strategy fund. The single strategy fund makes a plurality of hedge fund investments in accordance with its predet...
A master fund is a collective pool of assets used in a master-feeder investment structure, which offers the benefit of reduced operating costs and trading expenses.
Although this two-tiered structure can exist in a variety of forms like "funds of funds" mutual funds the master-feeder structure is especially common among hedge funds catering to both U.S. and offshore or overseas investors. The use of the master-feeder fund structure allowsasset managersto...