What members write about us: 30.01.2019
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Floater is a bind or some other kind of debt, the coupon oh which changes the price depending on the condition and overall situation in the market.
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.