What members write about us: 30.01.2019
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Style drift is the divergence or difference of a fund from its investment style or from its goal. Style drifts are often the results of capital appreciation. Can also be a result of a change in the management of the fund.
Discount bond is a type of bond that is issued and sold for less than its face or par value. It can also refer to a bond that is currently traded for less than it is worth in the secondary market. Similar to zero-coupon bonds, although discount bonds also have an interest payment.