CEU stands for Continuing Education Unit. A CEU is a unit of credit equal to ten hours of participation in an. accredited program designed for professionals with certificates or licenses to practice various professions . Examples of people who need CEUs include engineers, lawyers, CPAs, educators, nurses, architects, mental.
Investors can use duration to help estimate how a bond or bond fund's value would be affected by a change in interest rates. For example, a bond with a duration of 5 years would be expected to rise 5% in value for every 1-percentage-point decline in interest rates (remember that interest rates and bond prices move in opposite directions). If interest rates go up by one percentage point, the bond's value would be expected to drop 5%.
The limited amount of time until maturity means that interest rate risk â or the risk that rising interest rates will cause the value of the fundâs principal value to decline â is low compared to intermediate-term bond funds (those that invest in bonds with maturities of three to ten years) and long-term bond funds (ten years and up).