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RIV Fund Update: 8.7.18

Introducing RiverNorth Opportunities Fund (RIV)


Alpha: A measure of performance on a risk-adjusted basis.

Beta: A measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. The beta of the market is 1.00 by definition.

Business Development Company (BDC): A company that is created to help grow small companies in the initial stages of their development.