quant fund

(redirected from Quant Mutual Fund)

Quant fund

A fund that uses quantitative approaches and computer models to make investment decisions as opposed to qualitative approaches like opinion of fund managers.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Quant Fund

A mutual fund managed by a computer program. Theoretically, a computer program can make investment decisions without emotion or bias; it simply buys and sells the securities according to a pre-determined formula. However, there is no guarantee as to how well designed a quant fund's program is, and it may not be able to adapt its program to changing market conditions. See also: Behavioral finance.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

quant fund

A mutual fund having a stock portfolio that is managed according to decisions made by a computer model. The investment performance of a quant fund is only as good as the computer model that drives the fund's investment decisions.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.