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

Performance

The success of an investment is measured by the performance of the equities. The basis for calculating performance is the value of the equity (= redemption price) including the intermediate dividends.

Performance

Performance refers to the return on a capital investment. This considers both the share's price performance and the dividends. The performance is a measurement of an investment's success. It is either given in per cent per year or over a stipulated term (see OEKB performance).

Portfolio

Security assets made up of various titles.

Portfolio Information

Mid-year, personal report on the success of your investment. It contains all the information related to taxes.

Portfolio Manager

Is personally responsible for your money and makes the decisions to buy or sell. The decisions are based on the investment matrix and your contractual stipulations.

Portfolio Monitoring

Your portfolio manager follows the performance and structure of your securities account in order to react quickly to changes.

Portfolio Type

Defines the emphases of the management activity by setting the highest possible margins for equities and currencies. It does not matter whether the aim of the investment is earnings or growth.

Price / Earnings Ratio (PER)

The PER is a key figure in equity analysis. It states how often the profit per equity is contained in the current price. The lower the PER, the "more cost-effective" the share.

Public Funds

These investment funds is freely accessible to all. The equities can be purchased or returned at any time.

Public Limited Company (PLC)

Legal form for a company, whose shareholders participate in the company's share capital via the purchase of equities. The shareholders are not usually actively involved in the company but rather only provide the necessary capital. The shareholders are liable for the company's debts to the level of their participation. The shareholder can be involved in corporate decisions through his voting rights at the Annual General Meeting. This is where decisions are taken on the membership of the supervisory board, the use of balance sheet profits and dismissal of management and supervisory boards.

Put Option

On payment of the option premium the buyer acquires the right to sell a certain number of the basic security (equities, indices, currencies etc.) at a fixed price on the due date. If a sale is actually made this is called "exercising".