Difference between revisions of "Fund"

Latest revision as of 15:26, 4 March 2024

Definition

A Fund (or Investment Fund) is a distinct pool of financial instruments managed by a single investment policy. In another context it is a financial resource used to support a Procurement.

Context

The word fund can refer to either an investment pool, umbrella or share class, and is commonly refered to as a collective investment vehicle (can have ISIN or not). The meaning here is for the investment pool (of which an Umbrella fund is also one such) and not to the share class.
In the EProcurement Ontology In the context of EU, funds can be divided into programmes, actions and projects. Examples of EU funds are: the European Structural and Investment Funds, European Social Fund (ESF), the Connecting Europe Facility (CEF) programme, or the ISA2 programme and its actions. Funds may change between the lot and the contract, for example in the case of an emergency crisis, a contract may be financed by a budget that was not foreseen in the call.

References

Action 2016.05 European Public Procurement Initiative, which supports the eProcurement Ontology under sub-action 3

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 == Definition ==
-'''Fund'''. Distinct pool of financial instruments managed by a single investment policy.
+A '''Fund''' (or Investment Fund) is a distinct pool of financial instruments managed by a single investment policy. In another context it is a financial resource used to support a [[Procurement]].
-== Notes ==
+== Context ==
-From EFAMA DD: The word fund can refer to either an investment pool, umbrella or share class, and is commonly refered to as a collective investment vehicle (can have ISIN or not). The meaning here is for the investment pool (of which an Umbrella fund is also one such) and not to the share class.
+* The word fund can refer to either an investment pool, umbrella or share class, and is commonly refered to as a collective investment vehicle (can have ISIN or not). The meaning here is for the investment pool (of which an Umbrella fund is also one such) and not to the share class.
+* In the [[EProcurement Ontology]] In the context of EU, funds can be divided into programmes, actions and projects. Examples of EU funds are: the European Structural and Investment Funds, European Social Fund (ESF), the Connecting Europe Facility (CEF) programme, or the ISA2 programme and its actions. Funds may change between the lot and the contract, for example in the case of an emergency crisis, a contract may be financed by a budget that was not foreseen in the call.
-== Disclaimer ==
+== References ==
-This entry annotates a [https://spec.edmcouncil.org/fibo/ FIBO Ontology Class]. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the [https://opensource.org/licenses/MIT MIT Open Source License]. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
+* Action 2016.05 European Public Procurement Initiative, which supports the eProcurement Ontology under sub-action 3
+<references/>
+[[Category:EProcurement Ontology]]
 [[Category:CIV]]
-{{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/CIV/Funds/CIV/index-en.html }}
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