What does Absolute Return Fund mean?

Absolute Return Fund meaning in Finance Dictionary

Absolute return strategies derive comes back from active management with little to no or no underlying marketplace publicity, seeking to attain positive comes back both in up-and-down markets and never frequently contrasting the comes back to virtually any various other measure (although sometimes cash is used for this purpose). An array of asset classes can be handled in this way, including standard equities and bonds in addition to choices such hedge resources or currency.