Glossary entry

Italian term or phrase:

fondi chiusi a richiamo

English translation:

closed end funds subject to capital calls

Added to glossary by Judith McLean
Sep 18, 2013 07:46
10 yrs ago
14 viewers *
Italian term

fondi chiusi a richiamo

Italian to English Bus/Financial Finance (general)
Under the heading GESTIONE COLLETTIVA DEL RISPARMIO - text relates to reporting of financial data to the Revenue Agency
Nel caso dei Fondi chiusi a richiamo, per "importo totale delle sottoscrizioni nell'anno" deve intendersi l'ammontare totale degli impegni richiamati e versati dal cliente, mentre per "importo totale dei rimborsi di quote nell'anno" deve intendersi l'ammontare totale delle distribuzioni di capitale e di proventi.

Proposed translations

+2
2 hrs
Selected

(unfunded) closed end funds subject to capital calls

I don't think there is a set definition for this

in closed end funds investors make capital commitments which are called at certain times

http://www.investmentlawgroup.com/structural-distinctions-be...

Peer comment(s):

agree Peter Cox
15 hrs
thank you Peter!
agree James (Jim) Davis
1 day 2 mins
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks"
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