1 day ago The Dow Jones Industrial Average (DJIA) crashed amid another disastrous stock market open as asset managers call a for trading halt.

Monthly Churn Rate = 1 - (1 - Annual Churn Rate)1/12 0.34% = 1 - (1 - 0.04)1/12 So yes, next time you see someone reporting on their average churn rate, chances are they mean the monthly churn rate.

2 days ago Passively-managed schemes – index schemes and ETFs – fared better than them in both 2018 and 2019. However, mutual fund advisors believe 

The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) The price-to-book ratio, or P/B ratio, is a financial ratio used to compare a company's book value to its current market price and is a key metric for value investors. Book value denotes the portion of the company held by the shareholders; in other words, the company's assets less its total liabilities.