A feeder fund is an investment fund which does almost all of its investments through a ''master fund'' via a
master-feeder relationship.
It is a situation similar to a
fund of funds
A "fund of funds" (FOF) is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or other securities. This type of investing is often referred to as multi-manager investment. A ...
, except that the master fund performs all the investments.
Sources
* Feeder fund
*Investopedia, James Chen, April 30th 2018: https://www.investopedia.com/terms/f/feederfund.asp
Investment funds
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