Spread or bid / offer spread
The bid / offer spread is the gap between the highest bid price and the lowest offer price The word “spread” is also often used in fixed income. For example, a credit […]
Euribor
Euribor is the abbreviation for Euro Interbank Offered Rate. The Euribor rates are based on the average interest rates at which a large panel of European banks borrow funds from one another. […]
reference benchmark
reference benchmark – When a fund does not have a benchmark, investment companies and investment managers offer reference or a comparitor benchmark. This helps investors / shareholders appreciate how the NAV and share prices have done and […]
comparitor – as a substitute benchmark
comparitor – When a fund does not have a benchmark, investment companies and investment managers offer a comparitor or reference benchmark. This helps investors / shareholders appreciate how the NAV […]
