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  1. #1
    higurashi is offline Junior Member
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    Default fund characteristics

    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

  2. #2
    Tdol is offline Editor, UsingEnglish.com
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    Default Re: fund characteristics

    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.

  3. #3
    higurashi is offline Junior Member
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    Default Re: fund characteristics

    Tdol-san,

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

    Higurasi

  4. #4
    Tdol is offline Editor, UsingEnglish.com
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    Default Re: fund characteristics


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