MUTUAL AND HEDGE FUND    

offshore bond funds, money-market funds, property funds, capital funds - and more


Arakgroup LLC can set up a series of mutual funds ranging from money market to global equity. An investment fund is a pool of money contributed by a small or large number of investors. Funds are invested and administered on their behalf in offshore jurisdictions. They share the proceeds in proportion to their subscriptions after deduction of costs. Each hedge or mutual fund has three different persons: the promoter is the person or company who established the fund and markets it; the manager is the person or company who runs it from day to day, and the custodian is the person or company who holds the investment assets on behalf of the subscribers.

Open-ended investment fund is fund which has no pre-determined closing date. Most publicly-marketed investment and mutual funds are open-ended.
Closed-end investment fund is fund with a pre-determined closing date, on which the fund's assets must be returned and the proceeds distributed back to the subscribers. Closed-end funds are normally used by groups of private investors, often working in 'limited partnerships' for tax reasons.

Offshore funds come in many varieties, even more than onshore funds. There are offshore bond funds, equity funds, sectoral funds, emerging-market funds, money-market funds, hedge funds, property funds, income funds, capital funds - and more.
Open-ended funds are divided into public and private and professional mutual funds.
Public Funds
Offers any shares for subscription or purchase to any member of the general public or any section thereof and is not a private fund or professional fund.
Private Funds
Limited number of investors and the constitutional documents prohibit the offering of shares to the general public.
Professional Funds
Offered only to professional investors and the initial investment in respect of each investor is not less than US$100,000 (or equivalent) and is designated as a professional fund by its regulations.