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Mutual Funds
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aggressive growth fund
An aggressive growth fund is a mutual fund whose investment  more...
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American Association of Individual Investors
American Association of Individual Investors (AAII) is a Chicago-based, investor  more...
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American Stock Exchange
The American Stock Exchange is one of the largest organized  more...
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arbitrage
Arbitrage is a financial transaction that involves a simultaneous purchase  more...
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asset allocation fund
An asset allocation fund is a single mutual fund that  more...
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assets under management
An important measure of the size of a fund or  more...
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automatic reinvestment plan
An automatic reinvestment plan is an arrangement whereby a mutual  more...
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average price per share
The average price per share is determined by dividing the  more...
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back-end load
A back-end load is a sales charge or a commission  more...
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balanced fund
A balanced fund is a mutual fund that invests in  more...
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bid
In practical terms, the bid is the available price at  more...
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bid/ask spread
The bid/ask spread is the difference between the price sellers  more...
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capital appreciation fund
A capital appreciation fund is a mutual fund that is  more...
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capital gains distribution
A capital gains distribution is a distribution of income from  more...
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cash equivalents
Cash equivalents are investments that are so liquid and so  more...
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closed-end fund
A closed-end fund is legally known as a closed-end management  more...
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CUSIP
CUSIP is an abbreviation for Committee on Uniform Securities Identification  more...
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denomination
The word denomination has three distinct but closely related uses  more...
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discount
A discount is a difference between the price paid for  more...
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diversified investment company
A diversified investment company is an investment fund that adheres  more...
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dollar cost averaging
Dollar cost averaging is long-term investment strategy in which a  more...
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downgrade
A downgrade is a reduction in the rating awarded a  more...
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dressing up a portfolio
Dressing up a portfolio refers to the practice of some  more...
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ETF
ETF stands for Exchange Traded Fund. An ETF is  more...
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Exchange Traded Fund
An exchange traded fund (ETF) is a pool of stocks  more...
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expense ratio
The expense ratio measures the percentage of a mutual fund's  more...
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face value
Face value is the nominal, or stated, amount of security.  more...
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family of funds
A family of funds refers to a group of mutual  more...
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financial analyst
Financial analyst is a finance professional who studies and reports  more...
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front-end load
A front-end load is a sales charge or commission that  more...
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fund family
A fund family is a set of related funds, usually  more...
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fund manager
A fund manager is an investment professional, who manages the  more...
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fund of funds
A fund of funds is an investment vehicle that invests  more...
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growth and income fund
A growth and income fund is a mutual fund structured  more...
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hedge fund
A hedge fund is a private investment vehicle for institutional  more...
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hidden load
A hidden load is a charge that an investor pays  more...
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in escrow
An item of value is in escrow when that item  more...
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income fund
An income fund is a mutual fund structured to provide  more...
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index fund
An index fund is a portfolio of assets with allocation  more...
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institutional shares
Institutional shares are a class of shares made available by  more...
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international fund
An international fund is a mutual fund that invests in  more...
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intrinsic value
The actual value of a security, as opposed to its  more...
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investment company
An investment company is a firm whose business is to  more...
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load fund
A load fund is a mutual fund that charges a  more...
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load-adjusted return
A load-adjusted return is the investment return on a mutual  more...
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long position
A long position in the stock market means that an  more...
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money market fund
A money market fund is open-ended and invests only in  more...
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money market mutual fund
A money market mutual fund is a mutual fund that  more...
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Morningstar Rating System
The Morningstar rating system evaluates mutual funds according to a  more...
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mutual fund
A mutual fund is an investment company designed to pool  more...
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mutual fund symbol
A mutual fund symbol is a group of letters and/or  more...
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NAV
NAV (Net Asset Value) is a financial entity's assets minus  more...
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Net Asset Value
Net asset value (NAV) refers to the assets of a  more...
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New York Stock Exchange
The New York Stock Exchange (NYSE) is a for-profit organization  more...
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no-load fund
A no-load fund is a mutual fund that is offered  more...
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OTC Bulletin Board
The OTC Bulletin Board is an automated trading system managed  more...
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portfolio manager
A portfolio manager is the asset management professional who makes  more...
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quote
In the financial markets, a quote is the price at  more...
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rating service
A rating service is an organization that provides assessments of  more...
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regional fund
The term regional fund indicates that an investment vehicle is  more...
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sentiment
Sentiment is a measure of the bearishness or bullishness of  more...
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stock fund
A stock fund invests primarily in corporate equity securities and  more...
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value fund
A mutual fund that employs a value approach to investing  more...
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Warren Buffett
Warren Buffett was born in Omaha, Nebraska on August 30,  more...
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wash sale rule
The wash sale rule is an IRS rule that prohibits  more...
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Wilshire 5000
The Wilshire 5000 Index was created by Wilshire Associates in  more...
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XAU Index
The XAU Index represents the symbol of the Philadelphia Gold  more...
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