A-F G-K L-P Q-U V-Z
To select any other word(s) click on one of the other alphabetical
groupings or go back to the key word search engine for a more specific search.
Select one of the letters to go directly to a section:G H I J K
Glass-Steagall Act of 1933
Legislation passed by Congress to prevent another bank
collapse, like the one after the Great Depression. Under Glass-Steagall,
banks were prohibited from investment banking activities; the law
was designed to protect bank depositors from the risk involved when
banks deal with securities. The Financial Modernization Act of 1999
A mutual fund that primarily invests in both U.S. and
A mutual fund whose main objective is long-term growth
in capital from common stock. Also known as a capital appreciation
Stocks that have experienced rapid growth in revenue or
earnings and are expected to grow dramatically over time.
Growth and Income Fund
A mutual fund that strives to provide long-term growth
of principal and income and current dividend income from stocks.
IBC Financial Averages
An average for all major money market mutual fund yields.
The money derived from an investment, through interest,
dividends, or capital gains.
Regular payments from mutual funds to their shareholders,
composed of dividends, interest, and short-term capital gains earned
from the funds portfolio of securities. May be distributed
annually, biannually, quarterly, or monthly, with operating expenses
A mutual fund that seeks current income rather than growth
of capital. Income funds typically invest in bonds and/or high-yielding
The possibility that the income provided by a fund will
fluctuate due to changing interest rates.
A mutual fund that seeks to parallel the performance of
a particular stock or bond index, for example the S&P 500. To
achieve this goal, such funds may actually invest in many of the
individual securities which compose the index.
A rise in the prices of goods and services which occurs
when economic demand exceeds supply. When an economy is growing
there is a demand for products and services greater than what is
available. This situation causes costs to rise. Over time, even
with a relatively low inflation rate, the purchasing power of a
dollar is reduced. Things cost more; your dollar buys less.
The risk that the real value of your investments, as expressed
in constant dollars, will decline because of inflation. Generally,
the most conservative investments provide the lowest returns over
time and are more prone to inflation risk.
Interest and Short-Term Income Distributions
Regular payments from a mutual fund to its shareholders
made up of any dividends, interest and short-term capital gains
earned from the fund's portfolio of securities.
International mutual funds invest primarily in securities
issued by corporations, governments, and banks outside the U.S.,
in developed and emerging markets. International funds may be more
volatile than domestic funds because of conditions not usually associated
with investing in the United States.
An individual or organization that manages a portfolio
and makes day-to-day investment decisions regarding the purchase
or sales of securities. Also called a portfolio manager.
The length of time an investor expects to keep a sum of
Interest and dividends paid to investors.
The financial goal that an investor or a mutual fund pursues.
J.P. Morgan Global Bond Index
This index is a market-cap weighted bond index consisting
of government issues that are readily available to both domestic
and foreign investors.
BACK TO TOP