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rhialways659 rhialways659
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Investment companies can inflate the percentage of funds that outperformed their benchmark by

▸ including unrealized capital gains.

▸ closing funds that underperformed their benchmark.

▸ using a different fiscal year than the benchmark.

▸ assuming that investors automatically add to their holdings.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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JaynieJaynie
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