Examlex
The Grace Commission Report based its philosophy on the notion that:
Investment Performance
An assessment of how an investment has done over a specific period, often compared to a benchmark or standard.
Financial Intermediaries
Institutions that act as middlemen between savers and borrowers, facilitating the flow of funds in the financial system.
Diversify Their Portfolios
The strategy of spreading investments among various financial instruments, industries, and other categories to minimize risk.
Credit Risk
The potential that a borrower will fail to meet their obligations in accordance with agreed terms.
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