# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z all
General Obligation (GO) Bond
A municipal bond backed by the general credit of the issuing organization. General obligation bonds are usually considered to be more secure than revenue bonds and thus often trade with a slightly lower yield.
Generally Accepted Accounting Principles (GAAP)
The common set of accounting principles, standards and procedures that companies use to compile their financial statements. GAAP are a combination of authoritative standards (set by policy boards) and simply the commonly accepted ways of recording and reporting accounting information.
Green Shoe
A Green Shoe Option, or over-allotment of shares, permits the IPO’s lead underwriter to oversell or “short sell” additional shares amounting to up to 15% of the IPO amount, and, purchase that same amount of shares from the fund, at the IPO price, during the Green Shoe period.
Gross Domestic Product (GDP)
The total market value of all final goods and services produced in a country/region in a given year, equal to total consumer, investment and government spending, plus the value of exports, minus the value of imports.
Gross Exposure
Gross Exposure provides an indication of the total gross value of the Fund’s market investment exposure reflecting a summation of the absolute value of all long and short positions in the portfolio across asset class investment categories. This is an indication of the scale of the Fund’s total investment positions regardless of direction. Exposure calculation does not include cash.
