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A performance-based fee.
Stands for International Securities Identification Number.
ISIN insures the standardized identification of issue-grade
securities and other financial instruments within a uniform
system and the distribution of data to securities market
participants. ISINs and standard descriptions of securities
are used in all sectors of the securities industry, and are
important in performing precise and effective settlement and
Stands for International Organization for Standardization.
ISO Currency Codes are listed in ISO 4217.
Active premium divided by tracking error. This measure
explicitly relates the degree by which an investment has
beaten the benchmark to the consistency by which the
investment has beaten the benchmark.
A new investment approach credited to Alfred Winslow Jones.
In 1949 he created what is generally regarded as the first
hedge fund. Unlike traditional long-only mutual funds,
the Jones model involved a limited partnership that employed a
long/short investment strategy—thus hedging the portfolio
against market fluctuations. Jones targeted absolute returns
rather than a return that was correlated to the broad stock
ISO currency code for Japanese Yen.