Glossary of wealth management terms

Confused about financial jargon? Use our jargon buster to get a plain explanation of industry terms.

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Market Capitalization
The value of a company’s outstanding stock, calculated by multiplying the current share price by the number of shares of stock owned by investors.

Mid cap fund
A mid-cap fund is a type of investment fund that focuses its investments on companies with a capitalization in the middle range of stocks in the investable market.