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Turnover Ratio
A financial metric that measures the rate at which an investment or a portfolio of investments is bought and sold over a particular period.
Average Daily Assets
The average value of assets held by an individual or entity over a specified period, calculated by averaging the asset values at the beginning and end of the period.
Mutual Fund
A financial tool that combines money from various investors to invest in a variety of assets including stocks, bonds, and money market instruments.
Turnover Ratio
A measure of the trading activity in a portfolio, indicating how often assets within the portfolio are bought and sold over a specific period.
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