Global Fixed Income Glossary

This Glossary identifies, defines, and clarifies the meaning of investment terms used by CalPERS in our investment policies. The purpose of the Glossary is to establish a uniform vocabulary of terms for users of these policies.

Choose from the letters below to find a specific Global Fixed Income Investment Policy term or phrase. You'll also find information about the related policies and asset classes for each term.

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z  #  ALL  


Hedge (Hedging) - A strategy used to offset investment risk. A perfect hedge is one eliminating the possibility of future gain or loss.

Related Policies

High Quality LIBOR - A limited-duration, highly liquid, LIBOR-based fund managed by CalPERS staff.

Related Policies

Historical Factors - A review of past relationships and the environment associated with them to assess the relative investment potential of the current market conditions and relationships.

Related Policies