Examlex
The executive function of state government is spread out among a number of elected officials other than the governor,which is why Texas is said to have a plural executive branch.
Front-end Loads
Charges or fees that are paid by investors at the time of purchasing shares of a mutual fund or an investment trust.
Low-load Mutual Funds
Mutual funds that charge a lower sales load (commission) compared to typical sales charges, making them more cost-effective for investors.
Asset Value
Asset value is the total value of a company's or individual's assets, calculated by summing the market value of all tangible and intangible items.
Net Asset Value
The total value of a fund's assets minus its liabilities, often used in the context of mutual and exchange-traded funds.
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