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Investment foundation
Tax-exempt foundation for the collective investment and management of the capital accumulated by Swiss company pension funds. As with investment funds, company pension funds may buy or sell so-called claims on their sub-funds. These sub-funds vary depending on their asset class and currency (some are mixed).
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
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