WORD OF THE DAY: Adjusted Earnings Yield - Reported earnings misrepresent true earnings because of GAAP, historical-cost accounting and inflation issue. For example, a company that purchases an equipment may depreciated the equipment less tha ... More
Glossary Term: VARIANCE-MINIMIZATION APPROACH TO TRACKING
Definition(s) for VARIANCE-MINIMIZATION APPROACH TO TRACKING:
1. ) An approach to bondindexing that uses historical data to estimate the variance of the tracking error. Vault cash Specifies the permitted minimum or maximum quantity of securities that can be delivered to satisfy a TBAtrade. For Ginnie Mae, Fannie Mae, and Freddie Mac pass-throughsecurities, the accepted variance is plus or minus 2.499999 9da36e4er million of the par v
Fund Letters
