Examlex
Which of the following focuses on product and service conformity for guaranteeing equity in the marketplace and concentrates on fixing quality system problems and product and service nonconformities?
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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