Examlex
Laissez-faire refers to a program of minimal interference in the market system.
Load Fund
A mutual fund that charges a fee (load) for buying or selling shares, in addition to the management fees.
Managed Investment Company
A company that pools funds from investors to collectively invest in securities.
Hedge Funds
Investment funds that employ various strategies to earn returns for their investors, often involving higher risk.
Unit Investment Trusts
Investment companies that offer shares in a fixed portfolio of securities in a one-time public offering, which then terminate at a specific date.
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