Examlex
Describe how college differs from high school.
Actively Managed Mutual Funds
Investment funds where fund managers actively make decisions about buying and selling stocks or bonds to beat the market.
Passive Indexes
Investment funds designed to mimic the composition and performance of a designated market index, thereby minimizing management decisions and costs.
ETFs
Exchange-Traded Funds, investment funds that are traded on stock exchanges, much like stocks, but hold assets such as stocks, commodities, or bonds.
Front-end Load
A fee paid when purchasing shares of a mutual fund or other investment, typically used to cover commission expenses.
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