Examlex
A constant ratio plan adjusts a portfolio by
Short-selling
The practice of selling securities or other financial instruments that are not currently owned, with the intention of repurchasing them later at a lower price.
120/20 Fund
A type of mutual fund that employs a long/short strategy, allowing it to invest 120% in long positions and -20% in short positions.
Prospectus
A formal document that provides details about an investment offering for sale to the public.
Management Fee
A charge paid to investment managers for their services, typically a percentage of the assets under management.
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