Examlex
The acid neutralizing capacity of a lake or stream most often derives from the presence of ________ in the surrounding soil or rock.
Equity Hedge Funds
Hedge funds that primarily invest in stocks in order to gain from an expected increase in equity prices.
Systematic Risk
The inherent risk that affects the entire market or market segment, often referred to as market risk or un-diversifiable risk.
Market Risk
The risk of losses in investments due to factors that affect the overall performance of financial markets.
High Water Mark
A clause in fund management contracts that prevents fund managers from receiving large bonuses for poor performance, ensuring they only earn a performance fee when the fund's value exceeds its previous highest value.
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