What is DIF?

CFA General
#1

I saw this job posting recently, it is for an investment manager position in a large bank, it read: “…leverage individual securites (equities, bonds, open-end mutual funds, closed-end mutual fund and DIFs)…” What is DIFs? Anybody know…thanks!!!

#2

Only DIF I know is at the FDIC

#3

^hahah, funny!!

#4

Deleveraged Investment Fund, meaning if the fund returns 10% you get 1%. Smart money fhosho.

#5

Thanks, itstoohot. Learning something new everyday.

#6

The blue stuff you use to get wallpaper to come off.