Unmanaged Portfolio

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Unmanaged Portfolio

A portfolio into which a money manager or investor places securities and then does not change those securities for a significant period of time. For example, an investment manager may buy all of the stocks on the Dow Jones Industrial Average and hold them for a period of five or 10 years. Money managers of unmanaged portfolios seek to have a well diversified set of securities. See also: Indexing, Passive investing, Value investing.
References in periodicals archive ?
Unit investment trusts are unmanaged portfolios and the underlying securities are not intended to change throughout a life of a portfolio.
The S&P/BARRA Indices are unmanaged portfolios derived from the S&P 500 Index, which is itself an unmanaged portfolio of 500 widely held stocks.