- Q -
Value-added monthly index. The value that $1,000 allocated to an investment fund on
its inception date would currently have, assuming that all
profits and distributions were reinvested.
In Webfolio, the index is = $1000 at inception.
Subsequent month-end values are calculated by multiplying the
previous month’s VAMI by 1 plus the current month’s rate
Value At Risk. A measure of the potential
change in value that a fund's portfolio may experience during
that fund's holding period. It is usually expressed as a
percentage, which is referred to as a confidence level.
The likelihood that a fund's value will change over
a given period of time. The fund's standard deviation
is often used as a measure of the volatility.