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Investment Breakdown

Overview

Investment funds are managed by professionals who make decisions about asset allocation based on the fund's goals, risk profile, and other factors.

Open-end vs. Closed-end

Open-end funds issue new shares as investors add money, while closed-end funds trade like stocks with a fixed number of shares on exchanges.

Exchange-Traded Funds (ETFs)

ETFs offer more flexibility than mutual funds, trading on exchanges throughout the business day. Many mutual funds have ETF counterparts.

Hedge Funds

Hedge funds are actively managed funds for accredited investors, facing less regulation and able to invest in a variety of asset classes using diverse strategies.

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