👉 A nickelized object is an item that has been treated with a chemical substance that makes it more resistant to corrosion or rust, such as nickel. Nickel is a soft metal and can be used in a variety of applications due to its ability to conduct electricity and resist corrosion. When a nickel-iron alloy is melted together, the iron becomes less reactive and reacts with the nickel to form a protective layer on the surface of the alloy. This process is called nickelizing or nickelation.
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What is the definition of Nickelize? 🙋
👉 In the context of financial planning, "nickelize" refers to a method used by investors in mutual funds or exchange-traded funds (ETFs) where the fund manager allocates a fixed percentage of its assets to specific sectors or companies. This approach helps to ensure that the fund's performance is more closely aligned with those sectors or companies it invests in, thereby potentially reducing risk and maximizing returns. For example, let's say an ETF has 80% of its assets allocated to technology
