The turnover ratio is a measure of a fund's trading activity.

Name: The turnover ratio is a measure of a fund's trading activity.
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The turnover ratio is indeed a measure of a fund's trading activity, calculated as the percentage of a portfolio's holdings that have been replaced or sold within a year. A high turnover ratio can indicate that a fund is actively buying and selling stocks, potentially resulting in higher transaction costs and taxes for investors.

The Turnover Ratio Is a Measure of a Fund's Trading