ING Direct Could Be Called the Fast-Food Model of Consumer

question 32

True/False

ING Direct could be called the fast-food model of consumer banking because it is about as no-frills as it gets.

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Definitions:

Time-Weighted

A method used in finance to measure the performance of investments by calculating the compound growth rate of the investment over a specific period, regardless of external contributions or withdrawals.

Pension Fund

A type of investment pool established to manage and distribute retirement benefits for its members.

Risk-Adjusted

An evaluation measure that takes into account the level of risk involved in an investment to determine its true performance.

Portfolio Managers

Professionals responsible for making investment decisions and overseeing the management of investment portfolios on behalf of clients.