Multiperiod immunization
A portfolio strategy in which a portfolio is created that will be capable of satisfying more than one predetermined future liability regardless if interest rates change. |
Similar financial terms
Contingent immunizationAn arrangement in which the money manager pursues an active bond portfolio strategy until an adverse investment experience drives the then-available potential return down to the safetynet level. When that point is reached, the money manager is obligated to pursue an immunization strategy to lock in the safety-net level return.
