Sentences with phrase «relative value of funds»

World stocks rose 20 percent last year, significantly outpacing the average on bond markets, meaning the relative value of funds» equity holdings has increased without a single new share being bought.

Not exact matches

If you could buy single - name CDS efficiently (from correlation desks who source it from CDOs), then it would be easier to be a relative - value credit investor, and relative - value credit investors could provide a bid when all of the mutual funds buying credit now turn into sellers.

Many EM funds also carry currency risk — that is, the value of their holdings vary not just by increasing or decreasing security prices, but by the value of their currencies relative to the dollar.

As usual, the performance of our stocks relative to the major indices tends to drive day - to - day fluctuations in Fund value when we are hedged, but that differential has also been our primary source of return over time.

Because alpha represents the performance of a portfolio relative to a benchmark, it is often considered to represent the value that a portfolio manager adds to or subtracts from a fund's return.

PIMCO's alternatives offerings span a global range of hedge fund and opportunistic / distressed strategies, including global macro, credit relative value, multi-asset volatility, and distressed mortgage, real estate and corporate credit opportunities.

Before joining Alston & Bird, Blake was general counsel for a manager and distributor of alternative investment products, including an externally managed, public, non-traded business development company, and a senior lawyer for a manager of hedge funds and separately managed accounts employing relative value and macro fixed income and equity strategies.

The index tracked by CEFL specifically targets those funds trading at a discount, with the idea that a cheaper market price boosts yield relative to the yield on the fair value of assets.

A closed - end fund seeking high current income and relative stability of net asset value by investing in a wide variety of fixed - income securities globally.

One way to observe the effects of Fed - induced yield seeking speculation is to examine the value of financial assets held by households (the Z. 1 flow of funds data include nonprofit organizations here), relative to disposable household income.

I've been retired about 6 months now — to see see the relative effect of saving and compounding over a human - scaled period of a few years check out this graph of my fund value over this period (hope the link works for people)

The fund's manager does a good job allocating capital to higher - quality companies with lower relative valuations, the cornerstone of the value investing discipline.

Hedge fund strategies, such as Equity Hedge, Event Driven, Macro and Relative Value, may expose investors to the risks associated with the use of short selling, leverage, derivatives and arbitrage methodologies.

Rebalanced quarterly, the index is comprised of all eligible hedge fund strategies, including but not limited to equity hedge, event driven, macro, and relative value arbitrage, that meet certain criteria include UCITS compliance, net performance reporting, at least biweekly NAV reporting, and at least $ 10 million of assets under management or 6 months of track record.

«Simple Asset Class ETF Value Strategy» (SACEVS) finds that investors may be able to exploit relative valuation of the term risk premium, the credit (default) risk premium and the equity risk premium via exchange - traded funds (ETF).

The net asset value (NAV) of the funds» shares may fluctuate due to changes in the market value of the funds» holdings, as well as the relative supply of and demand for the shares on an exchange.

Funds that are actively managed could experience losses if the investment managers» judgment about markets or interest rates, or the attractiveness, relative values, liquidity or potential appreciation of particular investments prove to be incorrect.

Figures reveal Robert Parker's declining influence on Bordeaux wine pricing: Such is Parker's present effect on the Bordeaux market that The Wine Investment Fund uses his scores as one of three pillars by which it measures the relative value of one wine against another...

The bill passed by the Senate includes anti-nepotism provisions, today: · Prohibits gifts from lobbyists and their clients of more than nominal value, including travel, lodging and other expenses, and broaden the types of lobbying activities that lobbyists must disclose; · Prohibits elected government officials and candidates for elected local, state or federal office from appearing in taxpayer - funded advertisements; · Closes the «revolving door» loophole by prohibiting former legislative employees from directly lobbying the Legislature for two years, and expands the revolving door restrictions for Executive Chamber employees to preclude appearances before any state agency; · Prohibits non-legislative employees from using their authority or influence to «compel or induce» any other employee to make political contributions; · Prohibits state employees from participating in any personnel decision or contracting matter concerning a relative.

Co-applicant and senior research fellow, Michael Head explains: «The database will allow funders to identify existing research in areas of mutual interest, help researchers identify collaborators, expertise and infrastructure, and support high - level policymakers (such as the WHO R&D Observatory) to identify funding trends and the relative value of investments in their areas of interest.»

Table 2 highlights provisions in several states and computes their value as the portion of total state education funding to represent the relative scale of these policies.

That means that as your stock funds increase in value relative to your bond funds, a greater portion of your investment portfolio will be held in these riskier, more aggressive assets — something that could throw off your allocation and risk tolerance.

Value strategies tended to lag growth approaches in 2017, but the magazine suggests that investors should keep value funds in their sights as periods of relative over (and under) performance roValue strategies tended to lag growth approaches in 2017, but the magazine suggests that investors should keep value funds in their sights as periods of relative over (and under) performance rovalue funds in their sights as periods of relative over (and under) performance rotate.

Bond market veteran Kathleen Gaffney leads an experienced management team in executing a process centered upon «bond picking» both within and outside of the fund's benchmark in a bottom - up, relative value style.

Looking both within and outside of the benchmark, the Fund seeks relative value opportunities across traditional investment - grade and high - yield bond sectors, also including nontraditional asset classes like non-U.S. sovereign and corporate debt, convertibles, and floating - rate loans.

These funds typically take a short position on the U.S. dollar like the PowerShares DB US Dollar Index Bearish Fund (UDN), profiting from a fall in the value of the dollar relative to other currencies.

First, the shares of closed - end funds frequently trade at a premium or discount relative to their net asset value.

Another factor playing a role in near term relative return comparisons, particularly with respect to our Value Fund and our Worldwide High Dividend Yield Value Fund, is the continued strong performance of US equities, which today constitute nearly 60 % of the total weight of the MSCI World Index.

The Fund's fixed - income portfolio employs a relative value framework, which provides the basis for determining the attractiveness of investments in government, corporate, mortgage - backed and other securities.

Our hedged Funds (Value and Global Value) were of course protected for the most part from declines in foreign currencies relative to the US dollar.

The Fund seeks to achieve total returns reflective of both money market rates in selected emerging market countries available to foreign investors and changes to the value of these currencies relative to the U.S. dollar.

Value investors are likely to scrutinize the relative values of the individual stocks that make up a mutual fund's portfolio.

Rather, Third Avenue Value Fund focuses on quality of the financial position and quantity of resources in the business relative to the security's price.

On the other hand, if the Canadian dollar rises, the relative value of U.S. securities declines, which takes away from the fund's performance.

The fund seeks investment results that generally correspond to the performance of the underlying index that aims to identify companies that have strong quality scores relative to their peers, while also looking at the value scores of the securities to avoid those quality companies that are potentially over-priced.

The net asset value (NAV) of the Fund's shares may fluctuate due to changes in the market value of the Fund's holdings, as well as the relative supply of and demand for the shares on an exchange.

The fund attempts to find securities that offer relative value, based on an assessment of real interest rates and the yield curve, and that have the potential for moderate price appreciation.

Valuation Chart at Left: Compares the Hartford Funds Value Factor Score, a composite measure of relative valuation based on five measures of value, of the stocks that comprise RODM with the stocks within the MSCI World ex USA IValue Factor Score, a composite measure of relative valuation based on five measures of value, of the stocks that comprise RODM with the stocks within the MSCI World ex USA Ivalue, of the stocks that comprise RODM with the stocks within the MSCI World ex USA Index.

Because alpha represents the performance of a portfolio relative to a benchmark, it is often considered to represent the value that a portfolio manager adds to or subtracts from a fund's return.

We also did not classify any of the Relative Value funds, even though many of these funds use quantitative techniques, because the broader descriptions left us no clear cut way to divide them.

The net asset value (NAV) of the fund's shares may fluctuate due to changes in the market value of the fund's holdings, as well as the relative supply of and demand for the shares on an exchange.

However, you could say that you, for example, are taking more risk because of your higher allocation to small and value stocks, relative to a typical target - date fund.

Active funds in the large -, mid - and small - value categories had a combined success rate of 57 % relative to their passive peers over the last 12 months.

If the total market value of your Institutional Class shares account declines to less than $ 100,000 due to a redemption, we may convert your Institutional Class shares into Investor Class shares of the Fund on the basis of relative NAV's.

The proportion of the Allocation Fund's portfolio invested in each asset class will vary from time to time based on the Manager's assessment of relative fundamental values of securities and other investments in the class, the attractiveness of the investment opportunities within each asset class, general market and economic conditions, and expected future returns of investments.

By monitoring price movements of all preferred shares on an ongoing basis, the Lysander - Slater funds aim to purchase oversold securities that are of good credit, good structure, and offer cheap relative value.

A closed - end fund seeking high current income and relative stability of net asset value by investing in a wide variety of fixed - income securities globally.

The fund seeks to provide high current income and relative stability of net asset value.

To the extent currency exchange transactions do not fully protect a Fund against adverse changes in currency exchange rates, decreases in the value of currencies of the foreign countries in which a Fund will invest relative to the U.S. dollar will result in a corresponding decrease in the U.S. dollar value of a Fund's assets denominated in those currencies (and possibly a corresponding increase in the amount of securities required to be liquidated to meet distribution requirements).

Conversely, increases in the value of currencies of the foreign countries in which a Fund invests relative to the U.S. dollar will result in a corresponding increase in the U.S. dollar value of a Fund's assets (and possibly a corresponding decrease in the amount of securities to be liquidated).