Examlex
The income distribution is a more accurate measure of economic inequality than the wealth distribution because income excludes human capital.
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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