Lipper creates indexes for each major investment style, such as small- or large-cap funds, value funds and growth funds. Much like the S&P 500 allows stock investors to compare their returns to a market benchmark, a Lipper index aggregates the 30 biggest funds of a given investment style.
For example, an investor could compare the performance of a small-cap mutual fund against the Lipper Small-Cap Index, which would combine the 30 biggest small-cap funds, based on asset size.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
Science Citation Index — The Science Citation Index (SCI) is a citation index originally produced by the Institute for Scientific Information (ISI) and created by Eugene Garfield in 1960, which is now owned by Thomson Reuters. The larger version (Science Citation… … Wikipedia
Socially responsible investing — Alternative Energy: One of many forms of sustainable investing Socially responsible investing (SRI), also known as sustainable, socially conscious, or ethical investing, describes an investment strategy which seeks to consider both financial… … Wikipedia
Mutual fund — This article is about mutual funds in the United States. For other forms of mutual investment, see Collective investment scheme. A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors… … Wikipedia
Materials Science Citation Index — The Materials Science Citation Index is a citation index, established in 1992, by Thomson ISI (Thomson Reuters). Its overall focus is cited reference searching of the notable and significant journal literature in materials science. The database… … Wikipedia