40 Terms
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Funds
Industry: Financial services
Add a new termContributors in Funds
Funds
Private equity
Financial services; Funds
Private Equity managers invest in privately held and certain public companies. In general, they take controlling positions and/or board seats with the goal of supporting the operations of the ...
Net death benefit
Financial services; Funds
Policy gross death benefit minus any indebtedness and other applicable charges, fees, or costs due.
Investment grade
Financial services; Funds
The broad credit designation given bonds which have high probability of being paid and minor speculative features. Moody's- BAA3 or higher; S&P- BBB- or higher.
Investment manager/model
Financial services; Funds
Shows either the investment company name/phone number that is providing portfolio management services for the account or the investment model name that is being followed by an account.
Issue date
Financial services; Funds
The date that policy documents are printed and the policy is issued in the system. The incontestability and suicide provisions run from this date.
Prior year ira contribution
Financial services; Funds
For an IRA this is the amount of funds contributed for the prior year.
Private placement memorandum (PPM) number
Financial services; Funds
The PPM number is used as a unique identifier for PPMs.
