FND_STRTGY_ENUM

FND_STRTGY_ENUM#

ID

NAME

DESCRIPTION

Reset

Reset value

ACTIVE

Active

Active investment funds are investment funds whose managers have discretionary choice on its investment decisions. These investment funds may, but do not have to, be managed in reference to a stated benchmark.

SYNPAS

Passive synthetic

Passive synthetic investment funds pursue an index-tracking objective by means of synthetic replication, using financial derivatives such as swaps to replicate the returns of the index it is tracking.

SYNPHY

Passive physical

Passive physical investment funds pursue an index-tracking objective by means of physical replication, holding the assets, or a sample of the assets, underlying the index it is tracking.