From Longman Business Dictionarydual-purpose fundˌdual-ˈpurpose ˌfund [countable]FINANCE a fund that has two classes of shares, income shares that produce income in the form of DIVIDENDs, and capital shares that increase or decrease in value with the value of the shares in which the fund has investedThe portfolio strategy of dual-purpose funds often ends up helping the income shareholders at the expense of the capital shareholders. → fund
