Fund that invests across world markets, including the investor’s home country, rather than limiting itself to one domestic or foreign region.
A global fund is a fund that invests across world markets, including the investor’s home country.
That home-market inclusion is what separates it from an international fund, which usually excludes the investor’s domestic market.
Global funds give managers the freedom to allocate capital wherever they see the strongest opportunity instead of forcing a strict domestic-versus-foreign split.
That flexibility can improve diversification, but it also means investors should check how much of the portfolio is actually international and how much remains tied to the home market.