Investor Education

Investor Glossary

Terms beginning with 'H'

To take a position in certain securities hoping to profit from price movement or to reduce an existing risk.

Hedge Fund
An investment fund that takes a higher than normal degree of risk, often using borrowed money, in the hope of achieving a high absolute return.

Hybrid Scheme
A scheme which combines features of more than one type of pension design – e.g., a defined benefits plan with a defined contribution element.

See also: Defined Benefit Plan, Defined Contribution Plan,