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Hedge funds are alternative investment vehicles that pool capital from accredited or institutional investors to achieve high returns using a variety of strategies. Unlike traditional mutual funds, hedge funds have greater flexibility in investment choices, including equities, bonds, derivatives, currencies, commodities, and even private assets. They often employ leverage to amplify returns and may take both long and short positions to profit from market movements. Hedge funds ______ _______ ________ ________ ____ _______ __________ ________ _________ ________.
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