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Studies show that light to moderate drinking
Management Fee
A charge paid to investment managers for their services, typically a percentage of the assets under management.
Assets
Economic resources owned or controlled by an individual or entity, capable of producing value.
NAV
Net Asset Value, the total value of a fund's assets minus its liabilities, usually expressed per share.
Tail Event
An event or outcome that has a small probability of happening but can lead to significant impacts, often referred to in the context of financial risks.
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