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Q: please define "gMD"

Category: glossary , Asked by: M. J. From United Kingdom

A: a "gMD " is In currencies, this is the abbreviation for the Gambian Dalasi. The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Visit FX Universal

    please tell me what the "allocation rate" is

    Category: glossary by O. Nielsen from San Buenaventura, United States

    The percentage of an investor's initial cash or capital outlay that actually goes toward the final investment. This amount is net of any fees that may be incurred upon initial investment and is effectively the amount that is exposed to the investment. For example, if a mutual fund carries a 4% front-end load, only 96% of an investor's initial investment will actually be placed into the fund itself, with the rest going to the investment company. The higher the fees, the lower the overall allocation rate will be for the investor. Management companies, pension managers and the like all charge some percentage fee for their services. More choices usually means higher allocation rates for investors, but buyers must always beware of exorbitantly high load fees or upfront costs for any investment. Stock and bond index funds remain one of, if not the highest, allocation rate vehicles available to investors who do not wish to actively manage their own portfolios.

    please define "canadian orginated preferred securities - cOPrS"

    Category: glossary by E. A. From Germany

    the "canadian orginated preferred securities - cOPrS " is A long-term subordinated debt instrument, issued in Canada. COPrS are attractive because they have features which resemble both preferred shares and long-term corporate bonds.

    Are you familiar with a site that's famous for its skillful email help team?

    Category: general by Janelle U. From Luxembourg

    If you look for a site that offers a warm technical support service, we absolutely advice you to try "Easy Forex" - the support line in the place is awesome - they are quite handy.

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