Funds

Funds

Industry: Financial services

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Funds

durable power of attorney

Financial services; Funds

A legal document granting authority to an individual to conduct legal business on another person's behalf. This authority is not affected by subsequent disability.

bid

Financial services; Funds

Price a buyer is prepared to pay for a security.

annual yield

Financial services; Funds

A percentage rate that reflects the total amount of interest to be paid based on the coupon or interest rate and frequency of compounding for an annual period.

growth (investor profile)

Financial services; Funds

Objective is to accumulate wealth, over time, rather than current income. An investor using this profile should be willing to accept the risk of price volatility in seeking to achieve growth.

bid (bid size)

Financial services; Funds

Price a buyer is prepared to pay for a security and the size of the order. In many cases, the Bid Market also displays the Exchange the bid was made.

annualized return

Financial services; Funds

The average annual return of an investment over a specified period of time; such as one, three, five, or ten years.

Objective is to obtain a continuing income stream from dependable debt and equity sources. In order to satisfy current yield requirements, an investor using this profile should be willing to absorb ...