Examlex
Which blood type is called the universal donor?
NAV
Net Asset Value, representing the per-share/unit price of a fund on a specific date or time.
Redeem Shares
The process of exchanging fund shares for cash or equivalent value, typically executed according to the terms set by the issuing company or fund.
Actively-Managed Mutual Funds
Mutual funds managed by professionals who actively select investments in an effort to outperform the market.
Market Index
A statistical measure that represents the overall performance of a specific set of stocks or securities.
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