| 单词 |
multi-discipline account |
| 释义 |
Multi-Discipline Account Multi-Discipline AccountA discretionary account to which several different money managers may have access. A multi-disciplined account is divided into several sub-accounts, with each money manager having access to one. Each money manager has a different expertise and invests the money in his/her sub-account accordingly. For example, an investor may wish to divide the account as half equity and half debt securities and hire two different money managers to do so. A multi-discipline account helps diversify one's portfolio with less complication. Most multi-discipline accounts require a minimum investment of $150,000. |
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