Examlex
The set of behaviors and tasks that a member of the group is expected to perform because he/she is a member of the group is known as:
Asset Allocation Fund
A mutual fund that spreads its investments across various asset classes, aiming to reduce risk through diversification.
Sector Fund
A mutual fund that invests exclusively in a particular sector of the economy, such as technology, health care, or finance.
Money Market Funds
Mutual funds that invest in short-term debt securities such as government bonds, treasury bills, and commercial paper, offering investors liquidity and safety.
NAV
NAV, or Net Asset Value, represents the per-share market value of a fund's assets minus its liabilities, crucial for evaluating investment funds.
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