This section allows cross-market comparisons.
Glossary Definition
Optimization Approach

Money manager seeks to design an indexed portfolio that will match the cell breakdown as described in stratified sampling, and satisfy other constraints, but also meet some objective. An objective might be to maximize the portfolio yield, to maximize convexity, or to maximize expected total returns. Constraints other than matching the cell breakdown might include not purchasing more than a specified amount of one issuer or group of issuers, or overweighing certain sectors for enhanced indexing. The optimized portfolio should represent the best tradeoff of goals and constraints available.