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A(n) ____________________ is a statement specifying the condition(s) that must be true before the function is called.
Investment Policy Statement
A document that outlines an investor’s objectives, risk tolerance, time horizon, and investment constraints, guiding the investment decisions and strategies.
Mutual Funds
Investment programs funded by shareholders that trade in diversified holdings and are professionally managed.
Investment Objectives
The financial goals that guide an investor's decisions, including risk tolerance, time horizon, and return expectations.
Asset Allocation Guidelines
Framework for distributing an investor's portfolio among different asset categories.
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