Offshore Mutual Fund
A mutual fund that is managed and housed in a foreign country, usually outside the U.S.
Investopedia Commentary
Always be careful when investing your money in offshore accounts they may be more prone to scams because of relaxed regulations in many offshore countries.
Related Links
Pros And Cons Of Offshore Investing
Investing Beyond Your Borders
See also: International Banking Facility, Mutual Fund, Offshore Investing