Optimized Portfolio as Listed Securities

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Optimized Portfolio as Listed Securities

An exchange traded index created by Morgan Stanley that closely tracks a single index without purchasing all the securities listed on that index. The value of OPALS is the aggregate value of the underlying securities. In this sense, they operate like a portfolio of securities, rather than a fund. They are marketed primarily to institutional investors.
References in periodicals archive ?
The OPAL reactor is a uniquely Australian design which is currently the best of its kind in the world and is the worlds first research reactor to use only low enriched uranium fuel and target plates.
The Raman spectra shown in Figure 10 are very similar to the spectra of prase opal presented by Shigley et al.
According to Michael Kokorowski, OPALS project manager at JPL, optical communication could improve the speed of research and increasing the amount of data that can be transferred.
Electrodeposition was usually used to prepare electroconducting polymer inverse opals, applying a constant current or potential for an appropriate time.
Now thousands of hikers and nature lovers pass through here each year, lured by a priceless gem of the Cascades - the 20,827-acre Opal Creek Wilderness Area and the adjoining 13,538-acre Opal Creek Scenic Recreation Area.
Much research has been devoted to the development of artificial opals, a form of photonic crystals, for controlling and manipulating the flow of light.
At a massive 529 carats it is the largest black opal ever mined and is currently on an exclusive four venue tour of the UK - starting with Johnson's Jeweller's in Queens Road, Nuneaton, where it is on show until tomorrow.
I always envisaged a diamond solitaire or a pink sapphire but instead I have an opal ring which a friend says is unlucky.
The PA studies on sandstone and carbonate rocks (Urban-Klaehn and Quarles, 1999) did not show any significant positronium formation so the presence of a positronium atom and its relatively long lifetime in opals was unexpected and needed an explanation.
John Wheeler with one of the opals on show at Dawsons Jewellers.
There are three main types of Opal: Precious Opal is classified as white or black Opal depending in whether the colour flashes are in a pale or dark background.
Opals are said to be unlucky unless worn by someone with an October birthday although they lose their misfortune if surrounded by diamonds.