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Although alarm calling benefits the whole group, it cannot be explained by group selection because
Commingled Funds
Investment funds that pool assets from various accounts, combining them into one larger portfolio to achieve economies of scale and diversification.
Tax-efficient
Describing an investment strategy or financial plan designed to minimize tax liability and maximize after-tax returns.
ETFs
Exchange-Traded Funds, which are investment funds traded on stock exchanges, similar to stocks, and hold assets such as stocks, commodities, or bonds.
Turnover Rate
A measure used to assess how frequently investments or inventory are replaced or sold over a given period.
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