Definition, Meaning & Synonyms
flagship-fund
noun
/ˈflæɡ.ʃɪp fʌnd/
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Definition
A flagship fund is a primary or prominent investment fund managed by a financial institution, known for its significant assets and performance.
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Examples
- The mutual fund company launched a new flagship fund this year that aims to attract high-net-worth investors.
- Many investors consider the flagship fund of a firm as an indicator of its overall success in the market.
- As the flagship fund, it is expected to outperform other funds in the same investment category.
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Meaning
The term ‘flagship fund’ refers to the most important or leading investment fund within a financial firm’s portfolio, often representing the firm’s best offerings or strategy.
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Synonyms
- lead fund
- core fund
- principal fund