MLchartDataset catalogue

Uniform Prudent Investor Act

Term · Law · MLC-T-LAW-005063

A model law adopted by most U.S. states that establishes standards for fiduciaries, such as trustees, in managing investment portfolios. It requires fiduciaries to invest prudently, considering the overall portfolio, risk and return objectives, and diversification. The Act emphasizes a modern portfolio theory approach, moving away from a focus on individual investments.

Table 1. Record
IdentifierMLC-T-LAW-005063
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-005063",
  "term": "Uniform Prudent Investor Act",
  "field": "Law",
  "definition": "A model law adopted by most U.S. states that establishes standards for fiduciaries, such as trustees, in managing investment portfolios. It requires fiduciaries to invest prudently, considering the overall portfolio, risk and return objectives, and diversification. The Act emphasizes a modern portfolio theory approach, moving away from a focus on individual investments.",
  "url": "https://mlchart.com/terminology/law/uniform-prudent-investor-act/"
}

Record 5,177 of 5,441 in Law terminology (MLC-0107). Request the full dataset.