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Figure 8-12
-Refer to Figure 8-12.Which of the following statements is not correct?
Market-neutral Hedge Funds
Investment funds that seek to generate returns by exploiting price differences between related assets while maintaining a neutral exposure to market movements.
Directional Long Funds
Investment funds that aim to profit from an anticipated upward movement in the price of the assets they hold.
Betas
A measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.
Equity Hedge Funds
Hedge funds that primarily invest in stocks in order to gain from an expected increase in equity prices.
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Q393: The French expression used by free-market advocates,which