| 
  
 
  
  
   
 
  
  
  
  
  
  
 
  
  
  
  
  
  
  
   | 
  |  
  |  
 
E 
 
Efficient Portfolio
 
|  
A portfolio whose risk return characteristics fall on the efficient frontier, i.e.: at a given level of risk there is no portfolio with a higher expected return and for a given expected return there is no portfolio with a lower level of risk.    
 
 
  |   
Glossary *
E
  
 
 |