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Holdings-Based Approach How to describe a stock's investment style? How to describe a fund's investment style? How to calculate a stock's characteristics-adjusted (styleadjusted) return? How

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Holdings-Based Approach How to describe a stock's investment style? How to describe a fund's investment style? How to calculate a stock's characteristics-adjusted (styleadjusted) return? How to calculate a fund's characteristics-adjusted (styleadjusted) return

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