Portfolio mandate: related pages
Fund mandate
The parameters within which a fund should invest.
Benchmark index
The index or other measure against which the performance of a fund or portfolio is measured.
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.
Absolute return
An absolute return is the actual amount of money made by an investment ; the actual gain as a percentage of the amount invested.
Relative returns
The return on an investment less the market return.
Copyright Graeme Pietersz © 2005-2019
