- 産業: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
The average time to maturity of securities held by a mutual fund. Changes in interest rates have greater impact on funds with longer average life.
Industry:Financial services
Objective is to achieve above-average growth over time; income is of little, if any, concern. An investor using this profile should be willing to take more substantial risk in seeking to achieve above-average returns.
Industry:Financial services
Spreading of risk by putting assets in several categories of investments.
Industry:Financial services
A measure of the size of the companies in which a fund invests. A company's market capitalization is the total value of its outstanding shares, calculated by multiplying its share price by its number of outstanding shares. A fund's average market capitalization is the numerical mean (average) of the market capitalizations of the companies in which the fund invests.
Industry:Financial services
Contract between participating members of an investment banking SYNDICATE; sometimes called syndicate contract or purchase group agreement. It is distinguished from the underwriting agreement, which is signed by the company issuing the securities and the syndicate manager, acting as agent for the underwriting group. The agreement among underwriters, (1) appoints the originating investment banker as syndicate manager and agent; (2) appoints additional managers, if considered advisable; (3) defines the members' proportionate liability (usually limited to the amount of their participation) and agrees to pay each member's share on settlement date; (4) authorises the manager to form and allocate units to a selling group, and agrees to abide by the rules of the selling group agreement; (5) states the life of the syndicate, usually running until 30 days after termination of the selling group, or ending earlier by mutual consent.
Industry:Financial services
Distributions of earnings to shareholders that are paid out of income. For a security, they are usually pro-rated by class and paid in the form of cash or stock.
Related to mutal funds: A portion of a fund's net investment income distributed by the fund to its shareholders. Dividends are generally reinvested in the fund as they are paid.
Industry:Financial services
Average time to maturity of all the fixed-income investments in your portfolio. Note that the shorter the time to maturity, the more sensitive your portfolio will tend to be to changes in interest rates.
Industry:Financial services
Fund that limits assets to those securities that are exempt from taxation in Alabama, state (double tax-exempt) or city, (triple tax-exempt).
Industry:Financial services
Dividends are the means by which a company pays its stockholders a portion of its net profits. Dividends are generally paid every three months and may take the form of cash or added shares in the company. The growth rate of dividends refers to the average annual rate at which dividends have grown over a specified time period.
Industry:Financial services
Average maturity or duration, whichever is available, for the bonds in the portfolio.
Industry:Financial services
