Weighted average maturity: Difference between revisions
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(WAM). The average maturity of securities held in a fixed income or money market fund. | (WAM). The average maturity of securities held in a fixed income or money market fund. | ||
WAM is calculated by taking the maturity of the fixed rate periods (rather than the final maturities) of the underlying instruments held by the fund, weighted according to the relative holdings per instrument.This is used to measure interest rate risk. | |||
Also known as Average weighted maturity. | Also known as Average weighted maturity. | ||
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* [[Average weighted maturity ]] | * [[Average weighted maturity ]] | ||
* [[Currency basket]] | * [[Currency basket]] | ||
Revision as of 16:38, 7 June 2013
(WAM). The average maturity of securities held in a fixed income or money market fund. WAM is calculated by taking the maturity of the fixed rate periods (rather than the final maturities) of the underlying instruments held by the fund, weighted according to the relative holdings per instrument.This is used to measure interest rate risk.
Also known as Average weighted maturity.
