fund characteristics

[higurashi]

Hello,
I am having a hard time to understand financial terms.
Belows are the terms that I picked up from the fund report which I am traslating.

1.Mod. duration in %
What does Mod. stand for?

2.0-rating BBB+
What does zero-rating mean?

3.Futures/Opt. long in % of fund vol.

Does Opt mean Option and vol. mean volume? If so, what does Futures mean here?

Thank you,
Higurashi

[Tdol]

Mod duration: http://baystreet.investopedia.com/te...edduration.asp
Option: http://baystreet.investopedia.com/terms/o/option.asp
Futures: http://baystreet.investopedia.com/terms/f/futures.asp
I think from the BBB+, it is referring to the credit rating, by which the viability or finanical footing of a company can be graded- AAA is the highest

I'm afraid I can't be much more help because the world of finance is a mystery to me.

[higurashi]

Tdol-san,

Thank you so much! The URLs gave me a lot of answers!

Higurasi

[Tdol]