摘要: A type of exchange-traded fund (ETF) that exclusively invests in bonds. Bond ETFs are very much like bond mutual funds in that they hold a portfolio of bonds and can differ widely in strategies, rangi[阅读全文:]
摘要: The sale of a mutual fund at a set dollar amount that allows the fundholder to move into a lower sales charge bracket. If, at the time of investment, an investor is unable to come up with the funds ne[阅读全文:]
摘要: For load mutual funds, the dollar amount for the purchase of the fund's shares that qualifies the investor for a reduced sales charge (load). The purchase may either be made in a lump sum or by stagg[阅读全文:]
摘要: In a family of multi-class mutual funds, the class that has a constant load structure throughout the life of the fund.
The class C fund usually has a higher management expense ratio beca[阅读全文:]
摘要: A ratio used to determine return relative to drawdown (downside) risk in a hedge fund.
Calculated as:
[阅读全文:]
摘要: An investment vehicle offered by certain institutions that guarantees the investor's initial capital investment from any losses.
Even though these products prevent investors from losing[阅读全文:]
摘要: A mutual fund that has a limited amount of operating expenses that can be charged annually to shareholders. The limit is expressed as a ratio of total operating expenses divided by the fund's average[阅读全文:]
摘要: A fund that provides investment services solely to the one firm holding ownership. A captive fund can also refer to a type of fund where most of the capital is provided by the shareholders and managem[阅读全文:]
摘要: Investment securities that are short-term, have high credit quality and are highly liquid.
Also referred to as "cash and equivalents".
Cash equivalents are one of the three main[阅读全文:]
摘要: The total market value of the securities in a mutual fund's portfolio. Total assets or total net assets are also used to describe a fund's size.
When it comes to the size of a mutual f[阅读全文:]