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  2. What Are Closed-End Funds? -

    What Is a Closed-End Fund? A closed-end fund is a fund that offers a set number of shares. Like other ETFs and mutual funds, a closed-end fund is made up of a collection of securities and can ...

  3. Mutual fund - Wikipedia

    Front-end load or sales charge. A front-end load or sales charge is a commission paid to a broker by a mutual fund when shares are purchased. It is expressed as a percentage of the total amount invested or the "public offering price", which equals the net asset value plus the front-end load per share.

  4. Mutual fund fees and expenses - Wikipedia

    Operating a mutual fund involves costs, including shareholder transaction costs, investment advisory fees, and marketing and distribution expenses. Funds pass along these costs to investors in several ways. Some funds impose "shareholder fees" directly on investors whenever they buy or sell shares.

  5. Public Investment Fund - Wikipedia The Public Investment Fund ( PIF; Arabic: صندوق الإستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of $620 billion (£492 billion). [1] [2] It was created in 1971 for the purpose of investing funds on ...

  6. Fidelity Magellan Fund - Wikipedia

    Fidelity Magellan Fund From Wikipedia, the free encyclopedia The Fidelity Magellan Fund ( Mutual fund: FMAGX) is a U.S.-domiciled mutual fund from the Fidelity family of funds. It is perhaps the world's best-known actively managed mutual fund, known particularly for its record-setting growth under the management of Peter Lynch from 1977 to 1990.

  7. 2003 mutual fund scandal - Wikipedia

    According to the Associated Press, on January 31, 2005, “the nation’s largest insurance brokerage company, Marsh & McLennan Companies Inc., based in New York, will pay $850 million to policyholders hurt by” corporate practices that included “bid rigging, price fixing and the use of hidden incentive fees.”

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