NISM 21B Portfolio Managers Exam Notes
Page 145 Of 168
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Fixed Income Instruments: Bonds, T-bills, corporate debt.
Passive Strategies: Track bond indices, e.g., buy-and-hold, indexing.
Active Strategies: Outperform bond benchmarks.
Buy-and-Hold Strategy: Holds bonds to maturity.
Bond Indexing: Replicates bond index, low cost.
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