Monthly Return Is the period returns re-scaled to a period of 1 month. This allows investors to compare returns of different assets that they have owned for 1 month
Source: Ycharts
Absolute return is the return that an asset achieves over a certain period of time.
Source: Investopedia
Active management is the use of a human element, such as a single manager, co-managers or a team of managers, to actively manage a fund's portfolio. Active managers rely on analytical research, forecasts, and their own judgment and experience in making investment decisions on what securities to buy, hold and sell.
Source: Investopedia
A management fee is a charge levied by an investment manager for managing an investment fund.
Source: Investopedia
An asset class is a grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations. Asset classes are made up of instruments which often behave similarly to one another in the marketplace.
Source: Investopedia
Is the fund available in your Tax Free Savings Account
Systematic arrangement in groups or categories according to established criteria
Source: Merriam-Webster
The definition of a collective investment scheme is a 'scheme, in whatever form, including an open-ended investment company where members of the public are invited to invest money or other assets in a portfolio, and in terms of which two or more investors contribute money and hold a participatory interest in a portfolio of the scheme through shares, units or any other form of participatory interest. The investors share the risk and the benefit of investment in proportion to their participatory interest in a portfolio of a scheme or on any other basis determined in the deed'.
Source: PSG
This is the difference, in Rands and percentages, between a stock's current price and its price as of market close on the prior trading day.
Source: Morningstar
Risk often refers to the chance an outcome or investment's actual gains will differ from an expected outcome or return. Risk includes the possibility of losing some or all of an original investment.
Source: Investopedia
Dividend frequency is how often a dividend is paid by an individual stock or fund.
Source: Investopedia
A dividend is the distribution of reward from a portion of the company's earnings and is paid to a class of its shareholders.
Source: Investopedia
investment in the companies and products of someone's own country rather than in those of foreign countries
Source: Cambridge Dictionary
investment in shares and other assets of another country
Source: Cambridge Dictionary
The expense ratio (ER) measures how much of a fund's assets are used for administrative and other operating expenses.
Source: Investopedia
A fund size refers to the value of the assets in the fund plus the amount of un-invested capital.
The particular strategy that the fund is following
An investment fund is a supply of capital belonging to numerous investors used to collectively purchase securities while each investor retains ownership and control of his own shares. An investment fund provides a broader selection of investment opportunities, greater management expertise, and lower investment fees than investors might be able to obtain on their own. Types of investment funds include mutual funds, exchange-traded funds, money market funds, and hedge funds.
Source: Investopedia
The specified geographical area on which a fund focuses.
The date on which the fund began its operations.
Source: Morningstar
An index is like a ruler. It is a way of measuring the performance, or price movement, of just about anything. In the financial world, indexes are created to track items such as publicly traded stocks, bonds, and consumer prices for common goods and services.
Source: thebalance
A market index is a hypothetical portfolio of investment holdings which represents a segment of the financial market. The calculation of the index value comes from the prices of the underlying holdings. Weighting is a method of adjusting the individual impact of items in an index.
Source: Investopedia
An established organization or corporation. In this case, who runs the fund.
Source: Merriam-webster
This is the unique code associated to the fund on the JSE (Johannesburg Stock Exchange)
This is the last amount the dividend paid out, this occurred on the last payable date.
The payable date refers to the date that any declared stock dividends are due to be paid out. The last payable date refers to the previous date the fund paid out dividends.
A maximum drawdown (MDD) is the maximum observed loss from a peak to a trough of a portfolio, before a new peak is attained. Maximum drawdown is an indicator of downside risk over a specified time period.
Source: Investopedia
Risk often refers to the chance an outcome or investment's actual gains will differ from an expected outcome or return. Risk includes the possibility of losing some or all of an original investment.
Source: Investopedia
This is the next dividend amount the fund will be paying out.
This is the next date the fund will pay a dividend
Dividends get paid out into the clients account
A performance fee is a payment made to an investment manager for generating positive returns.
Source: Investopedia
These ETFs accumulate dividends, which are automatically re-invested back into the ETF. These ETFs do not pay out any distributions.
A risk profile is an evaluation of an individual's willingness and ability to take risks.
Source: Investopedia
The Sharpe ratio is used to help investors understand the return of an investment compared to its risk. The ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk.
Source: Investopedia
The Sortino ratio takes an asset or portfolio's return and subtracts the risk-free rate, and then divides that amount by the asset's downside deviation this is done to evaluate an investment's return for a given level of bad risk.
Source: Investopedia
Standard deviation is a statistical measurement in finance that, when applied to the annual rate of return of an investment, sheds light on the historical volatility of that investment.
Source: Investopedia
The total expense ratio (TER) is a measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and additional expenses, such as trading fees, legal fees, auditor fees, and other operational expenses.
Source: Investopedia
A tax-free savings account (TFSA) is an account in which contributions, interest earned, dividends, and capital gains are not taxed, and can be withdrawn tax-free.
Source: Investopedia
a line that shows the time and the order in which events have happened
Source: Cambridge Dictionary
Transaction costs are expenses incurred when buying or selling a good or service.
Source: Investopedia
Year to date (YTD) refers to the period of time beginning the first day of the current calendar year or fiscal year up to the current date. YTD information is useful for analysing business trends over time or comparing performance data to competitors or peers in the same industry.
Source: Investopedia
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