ETF Concerns That Investors Shouldn’t Overlook

Exchange-traded funds (ETFs) can be a great investment vehicle for small and large investors alike. These popular funds, which are similar to mutual funds but trade like stocks, have become a popular choice among investors looking to broaden the diversity of their portfolios without increasing the time and effort that they have to spend managing…

USA Patriot Act

What is the USA PATRIOT Act? The Patriot Act, or USA PATRIOT Act, was passed shortly after the terrorist attacks in the United States that occurred on September 11, 2001, and gave law enforcement broader powers to investigate, charge, and bring terrorists to justice. It has also led to harsher penalties for committing and supporting…

Futures Bundle Definition

What is a Futures Pack? A group of futures contracts is a type of futures order. The bundle allows an investor to simultaneously buy or sell a predefined number of futures contracts in each consecutive quarterly delivery month for one or more years. This single purchase of multiple futures contracts is called a purchase term…

Aftermarket Performance Definition and Example

What is secondary market performance? Secondary market performance is the change in the price level of a newly issued stock during a period after its initial public offering (IPO). No standard end time period is considered, but secondary market performance begins on the first day the IPO shares are publicly traded. By looking at the…

Coinsurance Definition

What is coinsurance? Coinsurance is the amount, usually expressed as a fixed percentage, that an insured must pay in the event of a claim once the deductible has been satisfied. In health insurance, a coinsurance provision is similar to a copayment provision, except copayments require the insured to pay a fixed dollar amount at the…