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What does equal?
Mutual Funds
Shareholder-funded investment initiatives that engage in diversified portfolios and are managed by experts.
Return
The gain or loss on an investment over a specific period, usually expressed as a percentage of the investment's initial cost.
Total Risk
The complete range of risks associated with an investment, including both systemic and unsystematic risk.
Modigliani
Refers to Franco Modigliani, an Italian-American economist known for his work on corporate finance, the Modigliani-Miller theorem, and the life-cycle hypothesis of saving.
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