Institutional Investment Fund
An institutional investment fund is a fund that caters exclusively to large institutional investors. These funds construct diverse portfolios to meet the specific investment objectives of their clients, including allocations for nonprofit foundations, retirement plans, and educational endowments. Entities such as governments, corporations, charities, and other constituents commonly contribute to institutional investment funds. Offerings within this category encompass mutual funds, commingled institutional funds, institutional shares, and separate institutional accounts.