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Pooled investment vehicles that are typically passively managed to track a particular index or sector and that trade continuously as common stocks on exchanges or through dealers.

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The CFA Institute Investment Foundations Program covers the essentials of finance, ethics, and investment roles, providing a clear understanding of the global investment industry.


1. Pooled investment vehicles that are typically passively managed to track a particular index or sector and that trade continuously as common stocks on exchanges or through dealers.





 
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