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If a research study found that career motivation was higher among recent immigrants to America than among Americans, most people could readily offer several reasonable explanations for this finding. However, if the study found that career motivation was higher among Americans than recent immigrants to America, most people could generate an equally convincing set of explanations. This example demonstrates the problems associated with
Mutual Fund
A pooled investment fund that gathers resources from several investors to place into various investment options such as stocks, bonds, and money market instruments.
Front-end Load
A fee paid by an investor at the time of entering a fund, such as a mutual fund, which is typically used to cover the fund's sales and marketing costs.
Expense Ratio
A measure of the total cost of managing and operating a fund, including administrative and management fees, expressed as a percentage of the fund's total assets.
Mutual Fund
This is a fund that amasses capital from numerous investors to make investments in different securities like stocks, bonds, and money market assets.
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