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Stocks

Open End Mutual Fund

As savvy investors, it is important to understand the process of buying and selling shares in a fund. When purchasing shares, we do so directly from the fund. Similarly, when selling shares, we sell them directly back to the fund. It is also crucial to note that the share price is referred to as the Net Asset Value (NAV). This is the value of the fund's assets minus its liabilities, divided by the number of outstanding shares. Understanding these terms is crucial in navigating the world of finance.
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All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m
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