Meaning of “commodity fund” in the English Dictionary

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"commodity fund" in Business English

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commodity fundnoun [ C ]

uk us

FINANCE, STOCK MARKET a fund that invests directly in commodities (= gold, corn, oil, etc.):

Tension grew as traders worried that the group's commodity fund had been hit by the recent drop in metal prices.

(Definition of “commodity fund” from the Cambridge Business English Dictionary © Cambridge University Press)