What Is a Relative Value Fund?

A relative value fund is a type of hedge fund that employs a strategy of investing in securities that are undervalued by the market. The goal of a relative value fund is to generate returns by taking advantage of discrepancies in the prices of securities. Relative value funds typically invest in a variety of securities, … Read more

Understanding IOUs.

An IOU, or “I Owe You,” is a written agreement between two individuals or entities in which one party agrees to pay the other party a sum of money at a future date. IOUs are often used when one party does not have the cash on hand to pay the other party in full, and … Read more