摘要: A ratio developed by Nobel laureate William F. Sharpe to measure risk-adjusted performance. The Sharpe ratio is calculated by subtracting the risk-free rate - such as that of the 10-year U.S. Treasury[阅读全文:]
摘要: A system that allows firms making an issue to produce a short form prospectus. The short form prospectus must contain any material changes not previously reported.
There are some issuers who con[阅读全文:]
摘要: An exchange-traded fund that invests primarily in raw silver assets, which are held in trust by the fund manager and/or custodian. Typically, silver ETFs are established as grantor trusts, where each [阅读全文:]
摘要: A mutual fund that restricts its investment to the assets of one country and is able to allocate its funds only within the range of investment instruments available in the specified country. This rest[阅读全文:]
摘要: An investor considered by many to be one of the greatest investors and mutual fund managers of all time. Sir John Templeton (1912-2008) founded the Templeton Growth Fund in 1954, which was one of the [阅读全文:]
摘要: A type of open-ended investment fund in which the amount of capital in the fund varies according to the number of investors. Shares in the fund are bought and sold based on the fund's current net ass[阅读全文:]
摘要: An exam offered by the Financial Industry Regulatory Authority (FINRA) for financial professionals seeking to become general securities principals or sales supervisors. The Series 23 can only be taken[阅读全文:]
摘要: An exam offered by the Financial Industry Regulatory Authority (FINRA) and overseen by the Municipal Securities Rulemaking Board (MSRB). The Series 52 qualifies a financial professional to become a li[阅读全文:]
摘要: A securities license entitling the holder to register as a limited representative and sell mutual funds, variable annuities and insurance premiums. Holders of the Series 6 license are not permitted to[阅读全文:]
摘要: Mutual fund units that charge service fees to their shareholders. The purpose of these fees is to compensate individuals who answer investor inquiries and provide information to the public or to inves[阅读全文:]