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


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use