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1.What is the performance record of an S&P500 ETF? What are the long-term performance records of equity mutual funds relative to benchmarks, linking your answer

1.What is the performance record of an S&P500 ETF? What are the long-term performance records of equity mutual funds relative to benchmarks, linking your answer to the AUM growth of passive investing?

2. Explain the four moments with respect to investing and specifically, to risk-return. How does this link to normality assumptions? What information does each contain?

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