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Precious Metals
Metallic elements of high economic value, such as gold, silver, and platinum, often used as investment or for industrial purposes.
NAV
Net Asset Value, representing the per-share/unit price of a fund on a specific date or time, calculated by deducting liabilities from assets and dividing by the number of shares outstanding.
Load
A fee or charge assessed when buying or selling shares in a mutual fund, which can be front-end (when buying) or back-end (when selling).
Asset Allocation Funds
Mutual funds that invest in a mixed proportion of assets (e.g., stocks, bonds, real estate) to diversify risk.
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