Examlex
Which of the following was NOT a characteristic of Project STAR?
Fund Manager
A Fund Manager is a professional responsible for making investment decisions and overseeing a portfolio of assets to achieve specified investment objectives.
Taxable Money Market Funds
Investment funds that invest in short-term debt securities and are subject to federal and sometimes state income taxes.
Tax-exempt
Income or transactions that are free from tax at the federal, state, or local level.
No-load Mutual Fund
A mutual fund that does not charge any type of sales load or commission, allowing investors to put more of their money directly into investments.
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