Examlex
In terms of volume or dollar amount, most of the money in our economy is created by:
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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