Sentences with phrase «fund holdings differ»

Active share is a measure of the degree by which the weights (percentages) of fund holdings differ from those of the index.

Not exact matches

The fund pulls its holdings from the S&P 500, which differs from the broad - market universe used by competing funds in that it excludes small - caps and most midcaps.

The stock market showed much more discrimination concerning energy industry investments in this quarter, rewarding our holdings that reported good finding costs and resource additions (e.g., Cimarex and Range Resources, the sixth - largest contributor), while penalizing Apache and the Fund's two Canadian holdings, Cenovus and EnCana, for differing reasons.

A fund's yield may differ from the average yield of dividend - paying stocks held by the fund.

However, the Fund may experience a loss even when the entire value of its stock portfolio is hedged if the returns of the stocks held by the Fund do not exceed the returns of the securities and financial instruments used to hedge, or if the exercise prices of the Fund's call and put options differ, so that the combined loss on these options during a market advance exceeds the gain on the underlying stock index.

«Active share» measures the degree to which a fund's portfolio differs from the holdings of its benchmark portfolio, which for QVAL is S&P 500 Total Return index.

The Fund's Chief Compliance Officer, or a Compliance Manager designated by the Chief Compliance Officer, may also grant exceptions to permit additional disclosure of Fund portfolio holdings information at differing times and with different lag times (the period from the date of the information to the date the information is made available), if any, in instances where the Fund has legitimate business purposes for doing so, it is in the best interests of shareholders, and the recipients are subject to a duty of confidentiality, including a duty not to trade on the nonpublic information and are required to execute an agreement to that effect.

A similar pattern holds for variations of these portfolios that include differing levels of bond funds — in other words 90 % equity, 80 % equity, 70 % equity and so forth.

Martijn Cremers and Antti Petajisto have a series of papers using the concept of «Active Share,» a new measure of active portfolio management which represents the share of portfolio holdings that differ from the benchmark index holdings, to evaluate mutual fund managers.

We always take a close look at an exchange traded fund's performance and its holdings to see if they differ from what the prospectus or sales literature would lead investors to expect.

Cremers and Petajisto, in a 2009 Review of Financial Studies paper, introducing a new measure of active portfolio management, referred to as Active Share (i.e., the share of portfolio holdings that differ from the benchmark index holdings), found that between 1968 and 2001 U.S. funds that deviated significantly from the benchmark portfolio outperformed their benchmarks both before and after expenses.

Investment minimums, exchange requirements, and the timing of fund distributions in an Account may differ from those applicable to positions held directly with a mutual fund.

Actual after tax returns depend on the investor's tax situation and may differ from those shown, and the after - tax returns shown are not relevant to investors who hold their fund shres through tad deferred arrangements such as 401 (k) plans or individual retiredment accounts.

98.6 «Active share» measures the degree to which a fund's portfolio differs from the holdings of its benchmark portfolio.

Bond ETFs like bond mutual funds, hold a portfolio of bonds and can differ widely in their investment strategies.

The Fund may experience a loss even when the entire value of its stock portfolio is hedged if the returns of the stocks held by the Fund do not exceed the returns of the securities and financial instruments used to hedge, or if the exercise prices of the Fund's call and put options differ, so that the combined loss on these options during a market advance exceeds the gain on the underlying stock index.

Please be aware that funds within the same category may differ in investment strategy, portfolio holdings and risk level.

This differs from other index funds, in that most are capitalization - based, meaning stocks with higher market capitalization (or value) are held as a higher percentage of the fund.

A crucial point about the differing classes of mutual - fund shares is that the best choice may depend heavily on how long you plan to hold the shares.