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Portfolio

A group of assets which are owned or controlled by an investor (individual or institutional) in order to reduce risk...

Actual Portfolio

A portfolio whose components (investments) are transacted in real markets- i.e., at real trading prices. In other words, the portfolio...

Performance Bogey

An individual number that is used as a fixed-income portfolio's target performance or desired result. Most often, bogey refers to...

Dominance Principle

Under the efficient-frontier framework, the assumption that investors are risk-averse, i.e., they prefer returns and distaste risks. In other words,...

Construction Leverage

The ratio of the risk associated with a portfolio construction to the gross risk: A portfolio’s construction risk refers to...

Paper Portfolio

A portfolio whose investments are transacted at benchmark prices. It is constructed on the assumption that trades would be costless,...

Bogey

An individual number that is used as a fixed-income portfolio's target performance or desired result. Most often, bogey refers to...

Free Trading Shares

Shares of stock that the holder could trade on an exchange without restrictions. In other words, free-trading shares are shares...

Free Writing Prospectus

A prospectus that is issued in a written, electronic, or graphic format describing the issuing company or its securities. It...

Underinvestment

A situation that arises when a company invests (in fixed assets) less than it needs to compensate for depreciated assets....