During 2012,Jackson had the following capital gains and losses:
Definitions:
Efficient Frontier
A set of optimal portfolios that offer the highest expected return for a defined level of risk or the lowest risk for a given level of expected return, used in modern portfolio theory.
Expected Return
The projected profitability of an investment over a given period.
Interest Rates
The expense associated with obtaining a loan, represented as a percentage of the total loan value, usually calculated on a yearly basis.
Short-Duration Bonds
Bonds with a relatively short time to maturity, typically less than five years, which are less sensitive to interest rate changes compared to longer-duration bonds.
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