Page 10 - City of Moreno Valley Invstment and Cash Management Program
P. 10

HOW IS THE







                              PORTFOLIO






                              MANAGED?










                                                A portfolio refers to any combination of financial
                                                assets such as stocks, bonds and cash. Portfolios

                                                may be held  by individual  investors  and/or
                                                managed by financial professionals, hedge funds,
                                                banks and other financial institutions.





















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