What are the drawbacks of the cell-based approach for bond portfolio construction?
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A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Let us first describe the cellbased approach Under the cellbased approach the benchmark is divided i...View the full answer
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