net asset value of securities
61Bulle immobilière américaine des années 2000 — La bulle immobilière américaine des années 2000 était une bulle immobilière observée à l échelle nationale aux États Unis sur l ensemble du marché immobilier américain et en particulier en Californie, Floride, Nevada, Oregon, Colorado, Michigan,… …
62investment trust — A closed end fund regulated by the Investment Company Act of 1940. These funds have a fixed number of shares that are traded on the secondary markets , like corporate stock. The market price may exceed the net asset value per share, in which case …
63Ally Financial — Inc. Type Private Industry Financial services Founded 1919 Headquarters …
64Index ETF — Exchange traded funds that follow a specific benchmark index as closely as possible. Index ETFs are much like index mutual funds, but whereas the mutual fund shares can only be redeemed at one price daily, the closing net asset value (NAV), index …
65Portfolio Turnover — A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by taking either the total amount of new securities purchased or the amount of securities sold whichever is less over a… …
66Late-Day Trading — An unethical (if not illegal) practice of a hedge fund purchasing and then selling securities (usually shares of a mutual fund) after the close of a trading day, but making the transactions appear as though they occurred before the market close.… …
67money market fund — A form of mutual fund that restricts investments to relatively safe, relatively short term instruments. Typical money market funds may invest in short term U.S. government obligations, commercial paper, and banker s acceptances. Average… …
68mutual fund — Mutual funds are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds, for example, seek to generate income on a regular basis. Others seek …
69Burton Malkiel — Burton Gordon Malkiel (born August 28, 1932) is an American economist and writer, most famous for his classic finance book A Random Walk Down Wall Street (now in its 9th edition, 2007). He is a leading proponent of the efficient market hypothesis …
70Fund administration — is name given to the set of activities that are carried out in support of the actual process of running a collective investment scheme, whether the scheme is a traditional mutual fund, a hedge fund, Pension fund, unit trust or something in… …
