GLOSSARY OF INVESTMENT TERMS


Alpha - measures the return that can be attributed to individual security selection, rather than broad market movements. It is often used to determine how much value a manager has added through his or her investment decisions.

Alpha - measures the return that can be attributed to individual security selection, rather than broad market movements. It is often used to determine how much value a manager has added through his or her investment decisions.

Alpha - measures the return that can be attributed to individual security selection, rather than broad market movements. It is often used to determine how much value a manager has added through his or her investment decisions.