PMS
Market basicsPortfolio Management Service — discretionary management of a portfolio held in your own name.
In plain terms
A full fee structure needs roughly three to four points of annual outperformance just to match an index fund.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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