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How does a mutual fund lower transactions costs through economies of scale?
Turning Point
A moment or event that marks a significant change or shift in direction, leading to new developments or transformations in various contexts, such as historical events, personal lives, or industries.
1963
A year marked by significant events such as the assassination of U.S. President John F. Kennedy, the March on Washington for Jobs and Freedom, and the height of the Cold War.
Watergate Scandal
A political scandal in the early1970s involving a break-in at the Democratic National Committee headquarters and the Nixon administration's attempted cover-up, leading to President Nixon's resignation.
Richard Nixon
The 37th President of the United States, serving from 1969 to 1974, known for his role in the Watergate scandal.
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