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Tip of the Day

Tip of the Day Buy Airline Tickets as Far in Advance as Possible

Buy Airline Tickets as Far in Advance as Possible - We all like to save on our vacations as that allows for great spending when we make our travel destination....

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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 Nominal Value

Nominal Value - Nominal Value is the apparent worth or the known nominal value shown on the principal, the face, and the side, of a bill of exchange, currency, security, stock, share, bond, or the other type of financial instruments. The par value of a loan stock, bond, preferred stock,...

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