-
Emerging Markets Fund
Emerging Markets Fund is an exchange-traded or mutual fund thatinvests primarily in the securities of countries in the process of building a market-based economy. Some funds specialize in the markets of a certain region, such as Latin America or Southeast Asia. Others invest in a global cross-section of countries and regions. (Source: Yahoo! Finance) -
Employee Benefit Plan
A benefit other than salary (such as health insurance or pension) granted by an employer to its employees, subject to a written plan document, the taxable status of which is governed by the federal Employee Retirement Income Security Act of 1974. (Source: Webster’s New World Law Dictionary) -
Endowment
Endowment is an investment fund set up by an institution in which regular withdrawals from the invested capital are used for ongoing operations or other specified purposes. Endowment funds are often used by nonprofits, universities, hospitals and churches. They are funded by donations, which are tax deductible for donors. There are three main components to the typical endowment fund: Investment Policy: This policy dictates the types of investments the... -
Endowment Index
The Endowment IndexTM is an objective benchmark for investors who manage a portfolio incorporating three dimensions: global equities, global fixed income, and alternative investments. This index, comprised of investable components, is used for portfolio comparison, investment analysis, and research and benchmarking purposes. The Index is used by fiduciaries such as trustees, portfolio managers, consultants and advisors to endowments, foundations, trusts, defined benefit/defined contribution plans, pension plans and individual investors.... -
Endowment Investment Philosophy®
Endowment Investment Philosophy® is an investment strategy that builds portfolios using an asset allocation methodology pursued by major universities like Yale and Harvard because it offers the potential for superior risk-adjusted returns and lower volatility through all market cycles. This investment philosophy expands the number of asset classes and strategies used to create a portfolio by including alternative investments such as hedge funds, private equity, and real assets in... -
Enhanced Indexing
This market strategy seeks incremental outperformance of a benchmark index without changing the profile characteristics of the index. By using leverage, options trading, or another mechanism, enhanced indexing offers the potential of outperforming a benchmark index. (Source: ETF Guide) -
Equity Long Short
Long Short Equity is an investing strategy of taking long positions in stocks that are expected to appreciate and short positions in stocks that are expected to decline. A long/short equity strategy seeks to minimize market exposure, while profiting from stock gains in the long positions and price declines in the short positions. Although this may not always be the case, the strategy would be profitable on a net... -
ETF
Exchange-traded funds (ETFs) are listed on a stock exchange and trade like stock. You can use traditional stock trading techniques, such as stop orders, limit orders, margin purchases, and short sales when you buy or sell ETFs. But ETFs also resemble mutual funds in some ways. For example, you buy shares of the fund, which in turn owns a portfolio of stocks. Each ETF has a net asset value... -
ETF Trading Specialist
ETF Trading Specialist is a member of an exchange who acts as the market maker to facilitate the trading of a given ETF. The specialist holds an inventory of the ETF, posts the bid and ask prices, manages limit orders and executes trades. Specialists are also responsible for managing large movements by trading out of their own inventory. If there is a large shift in demand on the buy... -
Event-Driven Strategy
A strategy, adopted by hedge fund managers, that attempts to take advantage of events such as mergers and restructurings that can result in the short-term mispricing of a company’s stock. An event-driven strategy focuses on exploiting the tendency of the equities of companies in a time of change to drop in price. (Source: Investopedia)
