Weighted average maturity: Difference between revisions
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Also known as Average weighted maturity. | Also known as Average weighted maturity. | ||
== See also == | == See also == | ||
Revision as of 14:47, 13 May 2016
(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.
