Acquisition
The purchase of one company, asset or business interest by another.
RLAM ETF's
ETF Glossary
A
Active ETF
An exchange-traded fund where investment decisions are made through an active or systematic process.
B
Balance sheet
A financial statement showing assets, liabilities and shareholder equity at a point in time.
Benchmark
An index or reference point used to compare investment performance and risk.
D
Diversification
Spreading exposure across issuers, sectors or markets to reduce concentration risk.
E
ETF
An exchange-traded fund that can be bought and sold on an exchange during market hours.
Equity tilt
A portfolio approach that applies small overweights and underweights to broad equity exposure.
F
Fund
A pooled investment vehicle managed according to a defined objective.
Y
Yield
A measure of income generated by an investment, usually expressed as a percentage.
Disclaimers
Glossary definitions are provided for general information and do not constitute investment advice.