Examlex
Factor completely.
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Management Fees
Charges levied by an investment manager for managing an investment fund's holdings.
Closed-end Funds
Investment funds with a fixed number of shares, traded on stock exchanges, potentially at prices above or below their net asset values.
Open-end Funds
Mutual funds that continuously issue new shares to investors and buy back shares when investors wish to sell, with prices determined by the net asset value.
Equity Funds
Mutual funds or other types of investment funds that invest primarily in stocks, seeking to provide returns through equity ownership.
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