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Offshore Mutual Fund
What does it mean?
A mutual fund that is managed and housed in a foreign country, usually outside the U.S.
In Other Words...
Always be careful when investing your money in offshore accounts; they may be more prone to scams because of relaxed regulations in many offshore countries.
Related Links
Investing Beyond Your Borders - Investing abroad poses risks, but can also help you diversify. Discover ways to invest in foreign stocks.
Related Terms
International Banking Facility | Mutual Fund | Offshore Investing
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