Business, Legal & Accounting Glossary
Offer to purchase a bundle of stocks without knowledge of which stocks will be included in the bundle. Portfolio managers use this option to improve their position in the market without influencing stocks that they buy and sell. This type of investment has the potential of being very risky for investors because they may get a bundle of stocks that end of being worthless.
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This glossary post was last updated: 20th November, 2021 | 0 Views.