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The War of 1812
Hedge Funds
Investment funds that use advanced strategies, including leverage, derivatives, and short selling, aiming for high returns.
Mutual Funds
Investment funds that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities.
Front-end Load
A fee charged to an investor at the time of their initial investment into a mutual fund, typically used for the fund's sales commission.
Expense Ratio
The measure of what it costs an investment company to operate a mutual fund, expressed as a percentage of the fund's assets.
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