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Tip of the Day

Tip of the Day Set Concrete Goals

Set Concrete Goals - One of the best ways to help you set a budge and live within your means is to set realistic, but concrete, goals for things like...

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Fund Manager

Definition: The fund manager (also known as the "portfolio manager") is a person who manages a mutual fund.  They're responsible for deciding what stocks and bonds to purchase and how much to purchase.  They typically have a team of analysts advising them and analyzing the fund's holdings.

TeenAnalyst Advice: I usually don't put too much emphasis on the fund manager when picking mutual funds.  It's important to have an ethical manager with a considerable amount of experience.  But, to me, most portfolio managers are alike.

Funds are obligated to display their largest holdings.  So if you want to see what your fund manager is buying for the mutual fund, you can look this information up.

One of the best fund managers of all time: Peter Lynch.

 

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Daily Definition

Definition of the Day Rights Issue

Rights Issue - Rights Issue is the permission of a company or corporation to existing shareholders. The current shareholders status give them access to purchase shares of stock security of an issue of the common stock before the company offers the stock securities to the public domain. The stock security...

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