commingled fund

A commingled is when an investment manager accumulates money from several investors and combines it into one fund.

Like mutual funds, commingled funds are overseen and managed by portfolio managers who invest in a range of securities.

Unlike mutual funds, commingled funds are typically not regulated by the SEC.

Commingled funds do not trade publicly and are not available for individual purchase; instead, they feature in institutional accounts such as pensions, retirement…
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