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Moral nihilism, as defined in Chapter 9, is the view that all moral claims are false.
Unit Investment Trusts
Fixed portfolios of stocks, bonds, or other securities assembled by a sponsor, which are then sold in shares to investors, offering a fixed return over the trust's lifespan.
Fixed-Income Portfolios
Investment portfolios that consist primarily of debt securities like bonds, which are designed to provide a fixed return through interest payments to investors over time.
Actively-Managed
A strategy where a fund's investments are frequently adjusted by a manager or management team in an attempt to outperform the market.
MSCI France Index
An index designed to measure the performance of the French equity market, representing large and mid-cap segments.
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