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Synthetic ETF

An exchange-traded fund (ETF) that does invest in assets in indirect way, through certain contracts or structures. For example, instead...

Subordinated Debt

A classification of debt (whether in the form of loans, securities or similar items) that ranks below other classes of...

Stock Surplus

With respect to share capital, it is the amount of money that a company receives for its issued shares over...

Specific Coupon Rate Debenture

A debenture that is issued bearing a specific interest rate. The coupon rate is specified in the issue, and can...

Stripped Mortgage Backed Security

A mortgage backed security (MBS) that is stripped (split) into two components: principal only (PO) strips and interest only (IO)...

SMBS

An acronym for stripped mortgage backed security; a mortgage backed security (MBS) that is stripped (split) into two components: principal...

Stripped MBS

A mortgage backed security (MBS) that is stripped (split) into two components: principal only (PO) strips and interest only (IO)...

Small Cap Exchange Traded Fund

An exchange-traded fund (ETF) that aims to invest in a market's smallest companies (small cap). Small cap companies are subject...

Small Cap ETF

An exchange-traded fund (ETF) that aims to invest in a market's smallest companies (small cap). Small cap companies are subject...

Stock ETF

A type of an exchange traded fund (ETF), specifically an equity ETF, that is designed to track a set of...