Examlex
Which of the following is NOT one of the main purposes of a pardon?
Fixed Portfolio
An investment strategy where the asset allocation is set for the long term and is not adjusted in response to market conditions.
Mutual Fund
An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities.
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.
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