Registered Retirement Savings Plan (RRSP)
A Registered Retirement Savings Plan or RRSP is a type of Canadian account for holding savings and investment assets. The RRSP's purpose is to promote savings for retirement for Canadian tax payers. An RRSP must comply with a variety of restrictions stipulated in the Canadian Income Tax Act.
Read more...
REIT
A REIT is defined as a real estate investment trust, which is similar to a closed-end mutual fund. REITs invest in real estate or loans secured by real estate and issue shares in such investments.
Resource Mutual Fund
A Resource Mutual fund invests primarily in common stock of corporations involved in the exploration for, mining or drilling of, refining of or production of natural resources ranging from gold and silver to oil and gas. These Resource Mutual Funds typically hold stock in companies ranging from gold penny stocks to oil etfs to natural gas stocks.
Risk
Risk is defined as the possibility of losses being suffered or the uncertainty of future returns. Risk can take several forms, some of which include environmental risk, economic risk, geopolitical risk and financial risk.
Russell 2000
The Russell 2000 Index is a small-cap stock market index of the bottom 2,000 stocks in the Russell 3000 Index. The Russell 2000 is by far the most common benchmark for mutual funds that identify themselves as "small-cap", while the S&P 500 index is used primarily for large capitalization stocks.
Read more...
