A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

D

destination folder
Destination Folders are Electronic Document Manager folders where documents are stored.

Dietz method
The original Dietz method for calculating the performance of a fund or portfolio (also known as the Midpoint Dietz Method) is obtained by setting all net contributions in the middle of the period being measured. See Modified Dietz and Time weighted return.

Directives & Recommendations Browser
Captures all of the investment sessions created in Front Office.

discretionary account (managed account)
A vehicle in which investors give a manager or broker discretion to buy and sell securities, futures or other assets on their behalf, either unconditionally or with restrictions.

document check-in
After checking-out a document from the Electronic Document Manager, a user must check it in to return it. A new version of a document is added to EDM every time a modified document is checked-in. See EDM and document check-out.

document check-out
A file must be checked-out from the Electronic Document Manager (EDM) to be able to modify it and save it back (check-in). While a file is checked-out, other users can only retrieve the (un-modified) file on the system for viewing. See EDM and document check-in.

document storage
Storage is a master folder which holds your document folders. It is linked to a physical folder on your local disk or on a server.

down capture
A measure of the investment’s compound return when the benchmark was down, divided by the benchmark’s compound return when the benchmark was down. The smaller the value, the better.

down number ratio
A measure of the number of periods that the investment was down when the benchmark was down, divided by the number of periods that the benchmark was down. The smaller the ratio, the better.

down percentage ratio
A measure of the number of periods that the investment outperformed the benchmark when the benchmark was down, divided by the number of periods that the benchmark was down. The larger the ratio, the better.

downside deviation
Similar to the loss standard deviation, but downside deviation take into account only returns that fall below a defined minimum acceptable return (MAR) rather than the arithmetic mean. If the MAR, for example, is assumed to be 10 percent, the downside deviation would measure the variation of each period that falls below 10 percent. Loss standard deviation, by contrast, would only take losing periods, calculate an average return for the losing periods, then measure the variation between each losing return and the losing return average.

drawdown
Any losing period during an investment period. Defined as the percentage retrenchment from an equity peak to an equity valley. A drawdown is in effect from the time an equity retrenchment begins until a new equity high is reached. That is, in terms of time a drawdown encompasses both the period from equity peak to equity valley and the time from the equity valley to a new equity high.

Top of the page