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

Alpha

When you compare a fund with its benchmark, alpha is the theoretically guaranteed fund yield - if the benchmark's yield is zero. Alpha represents a fund's under- or over-performance compared to the benchmark.

Asset Allocation

A fund's asset structure. Creation of an investment matrix taking risk spreading into account. Possible earnings are shown with their associated risks so that only necessary risks are taken.