Investor Definitions

VARIABLE ANNUITIES – FREE LOOK PERIOD

You may cancel your contract within a short period (usually lasting at least 10 days) of receiving it without a…

5 years ago

VARIABLE ANNUITIES

A variable annuity is a contract between you and an insurance company, under which you make a lump-sum payment or…

5 years ago

UNIT INVESTMENT TRUSTS (UITS)

A unit investment trust UIT is one of three basic types of investment companies. The other two types are open-end funds…

5 years ago

ULTRA-SHORT BOND FUNDS

Ultra-short bond funds are mutual funds that generally invest in fixed income securities with extremely short maturities, or time periods in which…

5 years ago

TRUSTEE

An institution, usually a bank, designated by the issuer as the custodian of funds and official representative of bondholders.

5 years ago

TREASURY SECURITIES

Treasury securities—including Treasury bills, notes, and bonds—are debt obligations issued by the U.S. Department of the Treasury. Treasury securities are…

5 years ago

TRANSFERRING YOUR BROKERAGE ACCOUNT

All brokerage account transfers start and end with your new firm.  Customers initiate the transfer process by completing a Transfer…

5 years ago

TOTAL ANNUAL FUND OPERATING EXPENSE

The total of a fund's annual fund operating expenses, expressed as a percentage of the fund's average net assets. You'll…

5 years ago

TIME HORIZON

Your time horizon is the number of months, years, or decades you need to invest to achieve your financial goal.

5 years ago

TICKER

Each publicly traded common stock in the U.S. receives a short abbreviation that identifies it, known as its stock symbol…

5 years ago