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Which of the following statements is correct? a. Investment styles categorize investment managers to more...

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Finance

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Which of the following statements is correct? a. Investment styles categorize investment managers to more and less risk- averse O b. Funds with high Active Share trade more frequently but rarely outperform their benchmarks C. Active funds try to minimize their tracking error O d. The outperformance of the benchmark by an active fund is not informative because active funds select benchmarks that they are sure they are able to outperform

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