Open-end investment fund
An investment fund whose units increase and decrease, and in which the investor may redeem their investment at any time in accordance with the fund’s policy.
Closed-end fund
It is a company, not a fund, that invests in a variety of investments.
Redemption Fund
A fund allocated with sufficient funds to pay the value of shares or bonds called for redemption, along with their premium.
Hedge Fund
A type of investment fund whose manager receives fees in return for their services and has the freedom to pursue a variety of investment strategies aimed at generating attractive returns. These strategies also include debt financing and investing in securities or any other assets in the markets.
Index Fund
An investment fund whose primary objective is to track the performance of a specific index.
Exchange-Traded Fund
An index fund whose units are traded on the “Main Market” or the “Parallel Market.”
Money Market Fund
An investment fund whose sole objective is to invest in short-term securities and money market transactions.
Capital Protection Fund
A fund whose primary investment objective is to protect the capital invested by unitholders and return it to them at a predetermined future date.
Private purchase and sale transaction
A transaction involving the purchase and sale of shares of companies (with voting rights) whose shares are listed on the market, negotiated between the offeror and the selling shareholder in the offeree company on a private basis, without making an offer to or involving the other shareholders of the offeree company.
Financing Transaction
A transaction in which a special-purpose entity obtains financing by issuing debt instruments. This includes acquiring the assets needed to generate the returns due under the debt instruments, or transferring or otherwise using those assets — and it also includes the issuance of the debt instruments themselves.