Word: fractionating
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...Community Intelligence Fund isn't quite so democratic as the name implies. Says Morningstar mutual-fund analyst Russ Kinnel: "The name is kind of a smoke screen." Ultimately the fund's management team buys just a fraction of the thousands of picks tipsters submit. The choices are based on quantitative analysis, a computer model to screen stocks. If you want a quant fund, Kinnel suggests looking at more established names like Fidelity Disciplined Equity, the Numeric Investors family of funds or veteran manager John Bogle Jr.'s new Bogle Small Growth fund...
...simply ship the VEC unit, or cell. To make the tubs, two composite skins are draped over a foam model, and a thermochemical reaction causes them to harden into shape. (Because no metal bending is involved and the "thermoset" process uses chemistry, not immense heat, the molds cost a fraction of the conventional version.) The skins are then attached to a universal frame. The cell is closed and filled with pressurized water, which braces the skins together. Then composite materials are injected into the mold and catalyzed, causing the materials to harden. Unlike injection molding, a common manufacturing process...
...granddaddy of these so-called exchange-traded funds (ETFs) are SPDRS (called Spiders). Around since 1993, this security mimics the Standard & Poor's 500. Each share represents a fraction of a share of 500 companies. Your investment moves in lockstep with that well-known benchmark. Other popular ETFs include QQQs, known as Cubes and based on the NASDAQ 100, and Diamonds, based...
...received just one gene from either parent would inevitably get the disease. One of the most tragic examples involved a 4,000-member Colombian family that had been haunted for generations by Alzheimer's. Yet such cases, researchers were only too well aware, accounted for merely a small fraction of all cases of Alzheimer's disease. Still other genes, they reasoned, must be involved in the great majority of cases--those in which dementia does not strike until one's seventh, eighth or ninth decade of life...
...Still's group now provides "assault insurance" for its 19,000 members. And 14 states have passed laws toughening penalties for violence against officials. Hundreds of leagues also offer parental sportsmanship classes, though only a fraction of those are mandatory. In the wake of Michael Costin's death, that may soon change...