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Which is not a true statement?
Management Expenses
These are fees paid out of fund assets to the fund manager for investment management and operational services, including administrative and overhead costs.
Morningstar
A financial services firm known for its analysis of mutual funds and other investment vehicles, providing investors with ratings and research.
Performance Rating
An evaluation of the investment performance of a security or portfolio compared to a standard or benchmark.
Morningstar Rating
A system used to rate mutual funds and other investment vehicles based on past performance, risk, and other factors, typically ranging from one to five stars.
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