active investing glossary

Term Definition
Bottom up Selecting stocks based on the attractiveness of a company.
Distribution Refers to the periodical paying-out of interest or dividends received by funds to their shareholders. Dividends represent a share in the profits of a company and are paid out to the owners.
Emerging markets Economies in the process of rapid growth and increasing industrialisation. Investments in emerging markets are generally considered to be riskier than those in developed markets.
Shares of ownership in a company.
Valuation The worth of an asset or company based on its current price.