Examlex
Explain what a library is and what it is used for, and name one commonly used library.
Portfolio Managers
Professionals responsible for making investment decisions and overseeing the management of investment portfolios on behalf of clients.
Mutual Fund
An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.
Selection Contribution
The return added to a portfolio through the successful selection of securities, differentiating from the return that would result from holding a passive benchmark portfolio.
Total Excess
The amount by which returns on an investment exceed the benchmark or risk-free return over a specified period.
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