Back|
Back |
|
Definition: Annual Turnover
# | 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
Annual turnover is the percentage rate at which an account replaces its investment holdings on a yearly basis. It helps determine how actively the account changes underlying position in its holdings.
High-figure turnover rates indicate an actively managed account, while low-figure turnover rates indicate a more passive approach.
Calculated as:
