Hedged portfolioA portfolio consisting of a long position in the stock and a long position in the put option on the stock, so as to be riskless and produce a return that equals the risk-free interest rate.
Excess return on the market portfolioExcess return on the market portfolio
Difference between the return on the market portfolio and the riskless rate.
The entirety of the financial assets (and usually also liabilities) that an economic agent or group of agents owns.
Replicating portfolioReplicating portfolio
A portfolio constructed to match an index or benchmark.
Foreign portfolio investmentForeign portfolio investment
Portfolio investment across national borders and/or across currencies.
Characteristic portfolioCharacteristic portfolio
A portfolio which efficiently represents a particular asset characteristic. For a given characteristic, it is the minimum risk portfolio, with portfolio characteristic equal to 1. For example, the characteristic portfolio of asset betas is the benchmark. It is the minimum risk beta = 1 portfolio.
Further SuggestionsComplete portfolio
Passive portfolio strategy
Well diversified portfolio
Portfolio internal rate of return
Feasible set of portfolios
Select ten portfolio
Modern portfolio theory
Zero investment portfolio
Portfolio turnover rate
Portfolio opportunity set
Minimum variance portfolio