- Q -
A price that is generally perceived as being neither
under- nor over-priced.
fixed income investment
Investments mainly in
bonds, annuities, or preferred stock. They may be
long, short, or a combination of the two.
A strategy that attempts to exploit pricing differentials
by purchasing a bond, annuity or preferred
stock while concomitantly selling short a related security.
A contract to purchase an asset for future delivery,
specifying its price and quantity in the present.
fund of funds
A fund comprised of hedge fund holdings. Diversification
is typically cited as one advantage of the fund of funds
approach. One drawback is that investors must pay two-tiered
fees: to the fund of funds manager and to the managers of
the underlying hedge funds.
An investment strategy that emphasizes stock valuation via
rigorous examination of financials and operations. Key
criteria include revenues,
earnings, share of market, growth potential,
debt ratios, management, products mix, and competitive
A binding agreement to buy or sell a financial instrument
or commodity at a specified future date at a price specified
in the present. Similar to a forward contact.
Foreign Exchange. Interchangeable with forex.