Examlex
Which of the following documents would be sent to the treasurer?
Stock-index Mutual Fund
A mutual fund that mimics the composition and performance of a particular stock market index, allowing investors to invest in the performance of the whole market or specific sectors.
S&P 500
A benchmark tracking the performance of 500 major U.S. companies listed on stock exchanges.
Diversification Benefit
The reduction of risk achieved by allocating investments among various financial instruments, industries, or other categories to maximize return.
Correlation Coefficients
A statistical measure that describes the extent to which two variables change together.
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