Long/short funds use an investment strategy that seeks to go long on undervalued stocks while selling overpriced stocks.
Long/short positions aim to reinforce traditional long-only investing by taking advantage of profit opportunities in securities identified as both undervalued and overvalued.
Long/short assets are commonly used by hedge funds that often use relative long positions - for example, a 130/30 strategy where the long exposure is 130% of the AUM and 30% is the short exposure.
A floating rate fund is a fund that invests in financial instruments with variable or floating interest rates. A floating rate fund invests in bonds and debt instruments, the interest payments on which fluctuate depending on the level of the base interest rate.
Go-go fund - a mutual fund with an investment strategy focused on growth stocks and other high-risk securities.
These funds were at their peak in the 1960s, attracting investors with the promise of unusually high market returns.
A Growth and Income Fund is a mutual fund or ETF strategy that seeks to generate a total return for investors, including capital gains and current income.
Lifecycle funds are asset allocation funds in which the share of each asset class automatically adjusts to reduce risk as the desired retirement date approaches.
Market neutral refers to a type of investment strategy used by investment managers who seek to profit from both rising and falling prices in financial markets.
Market timing is the act of moving investment money into or out of the financial market - or switching funds between asset classes - based on predictive methods.