Examlex
The three essential elements needed for effective journal writing are (1) a notebook; (2) a pen; and (3) a quiet, uninterrupted environment.
Redeem Shares
The process of exchanging fund shares for cash or equivalent value, typically executed according to the terms set by the issuing company or fund.
Actively-Managed Mutual Funds
Mutual funds managed by professionals who actively select investments in an effort to outperform the market.
Market Index
A statistical measure that represents the overall performance of a specific set of stocks or securities.
Wilshire 5000
A stock market index designed to measure the performance of all U.S.-headquartered equity securities with readily available price data.
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