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Hedge Fund
An investment fund that employs diversified strategies to achieve high returns, including leverage, derivatives, and short selling.
Local Currency
The currency that is legally accepted in a particular country or jurisdiction, used for the settlement of financial transactions within its borders.
S&P 500
A U.S. stock market index reflecting the market value of 500 major companies with common stock on the NYSE or NASDAQ.
Correlation
A statistical measure that describes the degree to which two variables move in relation to each other.
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