Investor Glossary-universe of securitiesInvestor Glossary-universe of securitiesInvestor Glossary-universe of securitiesInvestor Glossary-universe of securitiesInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Universe Of Securities

The HTML to link to this page
 

Universe of securities refers to a group of stocks that all exhibit a common characteristic or group of characteristics. A universe of securities can represent stocks of a particular market capitalization, industry, or sector. Another criterion that can be used to define a universe of securities is a similar line of products. A portfolio manager may consider a particular universe of securities as their investment mandate. For example, a portfolio manager of a US large cap fund would only consider a universe of securities that included domestic firms that meet the minimum capitalization requirements of what the fund deems to be a large cap. Many mutual funds limit themselves to a particular universe of securities and are often named after that universe of securities. The term style drift refers to an investment manager that has strayed from their mandated universe of securities. Often, when a technical analyst is backtesting a strategy they will limit the test to a specific universe of securities.



Rate this Universe of Securities definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: average price per share, quality assurance, 144a, VIX, limit order, inflation, labor relations, reverse mortgage, in escrow, diluted share, ex-dividend, wholly-owned subsidiary, APR, deferred tax, FTSE, 1031 exchange, ex-dividend date, per diem, open position, debt service coverage, retained earnings, margin rate, Zero Cost Collar, balance sheet, liquidity ratio, implied volatility, required rate of return, irrevocable trust, 401a, dividends payable, option premium, stock split, real GDP, Key Rate Duration, phantom income, FICO score, annual return, stock market close, 1035 exchange, cancelled check, command economy, EBITDA, deferred revenue, covered put, class C shares, current ratio, LIBOR, risk management, minority interest


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use