Examlex
Which statement is not correct?
Portfolio Assets
All the individual investments held within a portfolio, including stocks, bonds, cash, and other securities.
Monthly Excess Returns
The return on an investment minus the return on a risk-free investment (such as Treasury bills), measured on a monthly basis.
S&P 500 Index
A stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States.
Equity Hedge Funds
Funds that engage primarily in trading equities and equity derivative instruments, often employing strategies to hedge against market volatility.
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