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Annual Percentage
Rate (APR) |
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The APR is designed to measure
the "true cost of a loan“.
The aim is to create a level playing field for lenders
preventing them from advertising a low rate and
hiding fees. In the case of a mortgage the APR should
reflect the yearly cost of a mortgage, including
interest, mortgage insurance, and the origination
fee, expressed as a percentage. |
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Arbitrage |
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A financial transaction or
strategy that seeks to profit from a price differential
perceived with respect to related or correlated
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instruments in different
markets and typically involves the simultaneous
purchase of an instrument in one market and the
sale of the same or related instrument in another
market. |
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Asset Allocation |
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Apportioning of investment
funds among categories of assets such as cash equivalents,
stock, fixedincome investments, alternative investments
such as hedge funds and managed futures funds, and
tangible assets like real estate, precious metals
and collectibles. |
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Average Monthly Gain |
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The average of all the profitable
months of the fund. |
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Average Monthly Loss |
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The average of all the negative
months of the fund. |
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Average Monthly Return |
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The average of all the monthly
performance numbers of the fund. |
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