Fund mandate: related pages
Portfolio mandate
The parameters within which a portfolio is managed.
Fund of funds
A collective investment vehicle that invests in other funds.
Alpha (Jensen's alpha, portfolio alpha)
The alpha of a security or fund is its out-performance over the risk adjusted return, with risk measured by beta.
Tracker fund
A collective investment vehicle that is designed to replicate the performance of a particular index.
Benchmark index
The index or other measure against which the performance of a fund or portfolio is measured.
Style drift
An change in investment style that gradually moves away from the intended or mandated approach.
Copyright Graeme Pietersz © 2005-2019
