Examlex
If unplanned investment in business inventories occurs, we can expect:
Expense Ratio
A measure of what it costs an investment company to operate a mutual fund, expressed as a percentage of the fund's average assets per annum.
Total Expense Ratio
It quantifies the total cost of fund management and operating expenses, expressed as a percentage of the fund’s total assets.
Gross Return
The total return on an investment before any deductions are made for costs or expenses.
Managed Investment Companies
Firms that invest pooled funds from clients, taking on the responsibility of investment decisions and management for those funds.
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