Glossary
- A-Share
- AAA rating
- abs.
- Accrual bond
- Accumulate
- Acquisition currency
- Actively managed fund
- Ad-hoc disclosure
- Additional margin
- Admission of securities to the Regulated Market
- Admission to the exchange
- Admissions Office
- Advance-decline (AD)
- AIBD return (ISMA return)
- AIBD return (ISMA-return)
- All-time high
- All-time low
- Allocation
- Allotment
- Alpha
- American depositary receipt (ADR)
- American depositary share (ADS)
- American-style option
- Annual General Meeting
- AQR (VWAP) executions
- Arbitrage
- Asian option
- Ask
- Ask price
- Asset class
- Asset-backed security
- Asterisk * (price addendum)
- At the money
- Attentism
- Auction principle
- Automatic exercise (warrants)
Actively managed fund
Mutual fund in which a portfolio manager actively monitors the composition of the portfolio, buying and selling securities in response to changing market conditions.
Actively managed funds are offered by investment companies. Some of them are traded in Deutsche Börse's Xetra® Active Funds segment. They are similar to individual stocks in that their shares can be bought or sold on the exchange at any time. Unlike typical mutual funds, Xetra Active Funds funds do not carry a load. Because the assets held by these funds are bought and sold as market conditions change, an actively managed fund can outperform a benchmark index. As a rule, dividends are reinvested.
Our glossary explains important financial terms and should not leave any questions unanswered. However, if you are missing a definition, please write to us at redaktion@deutsche-boerse.com. We will then include the term if possible.
Deutsche Börse 
