Examlex
A ____ may be used to filter data that may be undesirable.
Market Exposure
The degree to which an investment or portfolio is exposed to market risk.
Securities Act of 1933
A U.S. federal law aimed at ensuring transparency and fairness in the securities market by requiring companies to disclose relevant financial information.
Investment Company Act of 1940
US federal legislation that regulates the organization of investment companies and the activities they engage in.
NAV (Net Asset Value)
The per-share value of a mutual fund or ETF, calculated by dividing the total value of all the securities in its portfolio, minus liabilities, by the number of shares outstanding.
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