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FIN430 Chapters 18 Review

Across
A PRIVATE INVESTMENT POOL THAT IS NOT REQUIRED TO REGISTER WITH THE SEC UNDER THE INVESTMENT COMPANY ACT OF 1940
OPEN-END MANAGEMENT COMPANIES
NET ASSET VALUE + SALES CHARGE
THE MUTUAL FUND INDUSTRY'S VERSION OF A VOLUME DISCOUNT
MUST BE REGISTERED AS INVESTMENT ADVISORS
PRODUCTS AND SERVICES THAT AN INVESTMENT ADVISER RECEIVES FROM A BROKER-DEALER IN EXCHANGE FOR CUSTOMER ORDER FLOW
THE ABILITY TO SELL AN ASSET AT A REASONABLE PRICE WITHIN A SHORT PERIOD
TOTAL NET ASSETS / NUMBER OF SHARES OUTSTANDING
OPEN-END INVESTMENT COMPANIES THAT ARE SOLD TO THE PUBLIC AT THEIR NET ASSET VALUE, WITHOUT A SALES CHARGE ADDED
CREATED BY DEPOSITING SECURITIES OF A CERTAIN SECTOR INTO A TRUST AND SELLING INTERESTS IN THE TRUST TO INVESTORS
USUALLY HAVE FRONT-END LOADS BUT SMALL OR NON-EXISTENT 12B-1 FEES
Down
THE PRIMARY DISCLOSURE DOCUMENT FOR POTENTIAL INVESTORS
A FUNDS' SPONSOR, WHOLESALER, OR DISTRIBUTOR
REDUCED RISK BY SPREADING MONEY AMONG MANY DIFFERENT INVESTMENTS
A SINGLE INVESTMENT COMPANY OR MUTUAL FUND COMPANY WITH MANY DIFFERENT TYPES OF MUTUAL FUNDS THAT A CUSTOMER MAY CHOOSE TO PURCHASE
THE NET ASSET VALUE + THE SALES CHARGE
ENABLES AN INVESTOR TO QUALIFY FOR THE DISCOUNT MADE AVAILABLE BY BREAKPOINTS WITHOUT INTIALLY DEPOSITING THE ENTIRE AMOUNT REQUIRED
TOTAL EXPENSES / AVERAGE NET ASSETS
MAIN FUNCTION IS TO PROTECT THE SHAREHOLDERS' INTERESTS
THE DIFFERENCE BETWEEN POP AND NAV
THE SALES CHARGE