strikethree

completion portfolios and exchange funds are 2 different things.

liangfeng

So, we can have:

Completion Portfolio(for low basis stocks: take long time),
Completeness Fund(to reduce misfit risk: lower active return)
Pooled Account(for equity indexing: lower cost)
Pooled Fund (including mutual fund, shown in Ethics)

?

Darien

V1,P266:

pooled funds (including collective investment schemes, mutual funds, and fund of funds).