What Is an Emerging Market Fund? An emerging market fund refers to a fund that invests the majority of its assets in securities from countries with economies that are considered to be emerging. Funds that specialize in emerging markets range from mutual funds to exchange-traded funds (ETFs). These countries are in an emerging growth phase and
What Is the Emerging Markets Bond Index (EMBI)? The emerging markets bond index (EMBI) is a benchmark index for measuring the total return performance of international government and corporate bonds issued by emerging market countries that meet specific liquidity and structural requirements. Despite their increased riskiness relative to developed markets, emerging market bonds offer several
What Are E-Micro Forex Futures? E-Micro Forex Futures are a type of currency futures contract that is traded on CME Globex, an international trading platform that specializes in futures and options contracts. E-Micro Forex Futures are unique in that they are one-tenth the size of a standard forex futures contract. Key Takeaways E-Micro Forex Futures
What Is Emigration? Emigration is the relocation or process of people leaving one country to reside in another. People emigrate for many reasons, include increasing one’s chance of employment or improving quality of life. Emigration affects the economies of the countries involved in both positive and negative ways, depending on the current state of the
What Is an E-mini? The term E-mini refers to an electronically-traded futures contract that is a fraction of the size of a standard contract. E-minis are used to trade a variety of assets, such as commodities and currencies, but the most commonly traded assets using E-minis are indexes. The Chicago Mercantile Exchange (CME) launched the
Definition of Emirates Investment Authority (EIA) The Emirates Investment Authority (EIA) is a state-owned investment fund established in 2007 by the United Arab Emirates (UAE) government to seek investment opportunities domestically and internationally, and to focus on investments that will help to strengthen and diversify the economy of the UAE. Understanding the Emirates Investment Authority
What Is an Emolument? An emolument is compensation, based on time and length of activity, for employment, services, or holding office, and is generally used in a legal context. Key Takeaways An emolument is compensation, based on time and length of activity, for employment, services, or holding office and is generally used in a legal
What is Empirical Duration? Empirical Duration is the calculation of a bond’s duration based on historical data rather than a preset formula, like effective duration does. Key Takeaways Empirical Duration is the calculation of a bond’s duration based on historical data rather than a preset formula, like effective duration does.Regression analysis of historical market-based bond
What Is Empirical Probability? An empirical probablility, also called an experimental probability, is closely related to the relative frequency of an event. Empirical probability uses the number of occurrences of a given outcome within a sample set as a basis for determining the probability of that outcome occurring again. The number of times “event X”
What Is an Employee Contribution Plan? An employee contribution plan is a type of employer-sponsored savings plan. By choosing to participate in the plan, employees contribute a percentage of their paycheck into the plan, which is then invested on their behalf by a third-party plan administrator. Employers, meanwhile, will typically match a portion of the
