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A |
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Earnings per Share The figure which represents the portion of a company’s profit allocated to each outstanding share of common stock. |
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Effective Yield A bond's yield assuming that interest payments are reinvested. |
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Emerging Markets Fund A mutual fund that invests primarily in the stocks of companies located in countries that are becoming industrialized. Emerging markets funds tend to be volatile, so values can fluctuate dramatically. |
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Equity (Stock) Fund A stock mutual fund invests in selected securities traded on the stock market. The fund changes in value as the prices of the stocks in the fund change. Although these funds tend to rise or fall in price more than other types of mutual funds, they have traditionally rewarded investors with higher returns over the long run. |
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Expense Ratio The amount, expressed as a percentage of total investment, that shareholders pay annually for mutual fund operating expenses and management fees. |