Glossary

The most important terms from the world of funds - arranged alphabetically. Click one of the letters to display the relevant terms.

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

Near Money Market Funds

Near money market funds invest in money market securities and bonds with short remaining terms. Near money market because the (remaining) term is generally less than 3 years.

Net Asset Value

The net asset value is the value of an equity. It is determined by dividing the total fund volume by the number of equities in circulation.