Meaning of “dual-purpose fund” in the English Dictionary

business-english dictionary

"dual-purpose fund" in Business English

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dual-purpose fundnoun [ C ]

uk us FINANCE

an investment that consists of two types of shares, one type that pays the investor part of the company's profit and one type that goes up or down in value as the value of the shares goes up or down:

They offer dual-purpose funds which offer enhanced income with reduced risk.

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