Portfolio turnover rate
For an investment company, an annualized rate found by dividing the lesser of
purchases and sales by the average of portfolio assets.
Portfolio variance ...
Portfolio Turnover Rate The rate at which a mutual fund's portfolio securities are changed each year. Aggressively managed funds may have a higher portfolio turnover rate than do more conservative funds.
TURNOVER RATE The rate at which the fund buys and sells securities each year. For example, if a fund's assets total $100 million and the fund bought and sold $100 million of securities that year, its portfolio turnover rate would be 100%.
and selling securities, including commissions, purchase and redemption fees, exchange fees, and other miscellaneous costs. In a mutual fund prospectus, these expenses are listed separately from the fund's expense ratio.
Portfolio turnover rate ...
For instance, a portfolio turnover rate of 36% over a six-month period could be converted to an annualized rate of 72%. annuitant A person receiving benefits under an annuity contract. See "annuity.
 See also: Turnover Rate, Expected return, Internal rate of return, Passive portfolio, Passive portfolio strategy
  
|
RSS
