A fund in which a manager conducts frequent transactions, research, and forecasts.
A certificate issued by a U.S. bank representing a specified number of shares in a foreign stock traded on a U.S. exchange, facilitating purchase of shares in foreign companies.
A concurrent purchase and sale of an asset to profit from the price differential on separate exchanges.
A fund containing a mix of stocks, bonds, and money market instruments in a single portfolio.
Measure of 1/100th of 1 percent, used to calculate interest rates, equity indexes, and yield of fixed-income securities.
A market in which the prices of securities are falling. A downturn of at ...