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overlay strategy
o·ver·lay strat·e·gy (plural o·ver·lay strat·e·gies)


noun 
Definition:
 
investment strategy based on other's portfolio: an investment strategy by which one money manager makes trades based on an underlying portfolio managed by somebody else
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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