Meaning annual turnover
What does annual turnover mean? Here you find 3 meanings of the word annual turnover. You can also add a definition of annual turnover yourself
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annual turnoverDefinitions (2) 1. A measure of how quickly a fund turns over its holdings during the year. A highly active fund will have a high annual turnover. It is equal to the dollar transaction volume of the t [..]
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annual turnoverThe percentage rate at which an ETF or mutual fund replaces its holdings every year. Adjusted for cash inflows and outflows and represents the fund’s level of trading activity.
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annual turnoverThe lesser of total purchase or sales transactions divided by total value of portfolio for the past 12 months.
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