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What is the principal difference between an autocracy and an oligarchy?
Fund Returns
Fund Returns are the profits or losses from investments in mutual funds, ETFs, or other pooled investment vehicles, typically presented as a percentage gain or loss over a specific period.
Sharpe Measure
A financial metric used to assess the performance of an investment by adjusting for its risk.
Comparison Universe
The set of money managers employing similar investment styles, used for assessing the relative performance of a portfolio manager.
Mutual Funds
Investment programs funded by shareholders that trade in diversified holdings and are managed by professional investment managers.
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