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Average price/earnings ratio of stocks owned by a mutual fund.

Statistical tools that measure the state of the stock market or the economy, based on the performance of stocks, bonds or other components. Examples are the S&P/TSX Venture Composite Index, the S&P/TSX Composite Index, the Dow Jones Industrial Average and the Consumer Price Index.

Buying more of a security at a price that is lower than the price paid for the initial investment. The aim of averaging down is to reduce the average cost per unit of the investment.

Sales charge paid when selling a mutual fund (a.k.a. deferred load). 

A certificate trading on a U.S. stock exchange that represents shares of a foreign corporation. 

Options that can be exercised any time during their lifetime. These are also known as open options.

Someone typically working for a brokerage house, who publishes buy/hold/sell recommendations and earnings forecasts for a stock. Buy side analysts work for institutional buyers, and sell side analysts work for brokerages. 

A publication, including financial statements and a report on operations, issued by a company to its shareholders at the company’s fiscal year-end.

Permits Participating Organizations to voluntarily withhold their true broker identities when entering orders and trades on TSX trading systems.

The lowest price at which someone is willing to sell the security. When combined with the bid price information, it forms the basis of a stock quote.