A comparison of rolling returns, which determines
relative gains or losses of the fund over typical holding periods, does not adjust for the fund's volatility or exposures.
But in the short - to - intermediate - term currencies can fluctuate all over the place and see large
relative gains or losses.
Not exact matches
«For those selling a home and buying another, the moderation of housing prices should be
relative — there should be no significant
gain or loss from the easing of house prices,» it said.
A
gain is realized only when the fund sells some of the underlying securities for a profit, and if the fund is holding some unused capital
losses, the
gains will be offset against the
losses, resulting in a smaller
loss carried forward to future years
or a smaller
gain to be be distributed to shareholders, depending on the
relative sizes of the
gain and the
loss.
The issue isn't
gains or losses, but
gains or losses relative to other opportunities.