Examlex
A $20 billion decrease in investment in a private closed economy that has an MPS of .5 will reduce saving by $10 billion once the multiplier process has ended.
Underperformance
A return on an investment that is lower than the benchmark or expectations.
Direct-sold Funds
Direct-sold funds are mutual funds or similar investment vehicles that are offered directly to investors by the managing company, without the need for a financial advisor or broker.
Risk Premium
The extra return expected by an investor for holding a higher-risk investment over a risk-free asset.
Factor Portfolios
Investment portfolios constructed to have a high sensitivity to certain factors or characteristics expected to yield higher returns, such as size, value, or momentum.
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