摘要: A fund that combines both equity and fixed-income products to provide investors with a degree of both capital protection and capital appreciation. These funds use fixed-income securities to give the f[阅读全文:]
摘要: Created by Morningstar, a style box is designed to visually represent the investment characteristics of fixed-income (bond), domestic equity (stock) and international equity (stock) securities and the[阅读全文:]
摘要: An account created in 1982 that offers a higher interest rate than a NOW account but lower interest than a money market account.
Specific requirements, such as minimum deposits and inter[阅读全文:]
摘要: The investment approach or objective that a fund manager uses to make choices in the selection of securities for the fund's portfolio. While there are a variety of styles, there are nine basic invest[阅读全文:]
摘要: The amount of time an investor must wait until he or she can withdraw funds from an annuity without facing a penalty. Withdrawing money before the agreed-upon holding period can result in a surrender [阅读全文:]
摘要: An atypical fund structure in which a fund, such as a hedge fund or mutual fund, is managed by another management team or firm than where the assets are held. Sub-advised funds are often found in wrap[阅读全文:]
摘要: More specific holdings of a general category of assets. A sub-asset class is a collection of assets that have common characteristics within both the asset class and the sub-as[阅读全文:]
摘要: A fee-payment structure applicable to mutual funds in which the sales charge or commission (load) is not entirely paid at the time the investor first contributes funds to the mutual fund (or in the fi[阅读全文:]
摘要: A ratio used mainly in the context of hedge funds. This risk-reward measure determines which hedge funds have the highest returns while enduring the least amount of volatility. The formula is as follo[阅读全文:]
摘要: A portfolio strategy that involves periodically rebalancing the portfolio in order to maintain a long-term goal for asset allocation.
At the inception of the portfolio, a "base policy m[阅读全文:]