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Tip of the Day Ditch Your Car

Ditch Your Car - If you live in a community where everything is within a reasonable distance, you need to ask yourself why you are driving a car, which when...

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Clone Fund

Clone Fund - The clone fund is an investment strategy involving the duplication of the structure and performance of a similar index or fund. This replication activity accomplished with the application of derivatives to the clone fund. Once considered a very popular method to piggybacking on the success of a better, established mutual fund, the strategy has become less common in recent years. Many shareholders see some degree of associated benefit with a clone fund. Often, clone funds secured at a reduced price serve the shareholder investments in clone funds at a lower risk. Investing in clone funds carries a lower risk degree.

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Definition of the Day Fitch Sheets

Fitch sheets- They are issued by Mr. Francis Emory Fitch, Inc they are the reports and are compiled on a daily basis. They are then stored away in a massive data bank to show trends in the stock market for future assessment they have records going back as far as...

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