A investment vehicle for superannuation assets.(noun)
An investment fund that invests in other investment funds; a fund of funds.(noun)
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Use "superfund" in a sentence
"The move will be a significant step in forming the so-called superfund that has been in the works since September."
"If contributing to the superfund were a patriotic and profitable duty to help protect the broader economy, that's one thing."
"Last fall, J.P. Morgan played a leading role in a Treasury-backed effort to thaw frozen credit markets by creating a "superfund" for certain off-balance-sheet investment vehicles that were struggling."