Examlex
In communication,_____ is what the listener thinks the speaker means.
Excess Return
Excess Return is the return on an investment above the return of a benchmark index or risk-free rate of return.
Asset Classes
Broad categories of investments with similar characteristics and market behaviors, such as equities (stocks), fixed income (bonds), and real estate.
Total Excess Return
The overall return of an investment above the risk-free rate over a specified time period.
Bogey Portfolio
A benchmark used to evaluate a fund's performance by comparing it with a standard point of reference.
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