Examlex
The net asset value of a mutual fund rises when it distributes capital gains.
Zero-coupon Bond
A type of bond that does not pay interest during its life; it is sold at a discount from its face value and the return is realized when the bond matures.
Deep Discount
A situation where a bond or other investment is sold significantly below its par or face value.
Yield To Maturity
The total return expected on a bond if it is held until its maturity date, including all interest payments and capital gains or losses.
Investment Horizon
Investment horizon refers to the total length of time that an investor expects to hold a portfolio or an investment before taking profits or closing positions.
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