What is generally the most expensive type of portfolio

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The most expensive type of portfolio is typically one that is actively managed by a professional fund manager or investment advisor. These portfolios often come with higher fees and expenses compared to passively managed portfolios such as index funds or exchange-traded funds (ETFs). Additionally, portfolios that invest in alternative assets such as private equity, hedge funds, or real estate can also be very expensive due to higher management fees and performance fees.
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