K – O

  A mutual fund in which individual stocks, bonds and/or cash investments are bought and sold based on research or other criteria used by fund managers. Actively managed funds generally try to outperf [..]

  The yearly rate of return on an interest-paying account. annual report.

A property that has monetary value, including personal possessions (e.g., houses, cars, jewelry) and financial assets (e.g., savings and investments). asset allocation.

asset class.

See definition of asset allocation. Back to top

A sales charge on a mutual fund that is applied when shares of the fund are sold (see also front-end load). balanced fund.

bear market.

The person or organization designated to receive the funds or other property from a trust, insurance policy or retirement account. blended fund.

blue-chip stock.