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Closed end management company

The financial definition for Closed end management company:

An investment company that has only a set number of shares of the mutual fund that it manages, and does not create new shares if demand increases. Antithesis of an open-end management company.




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An investment approach that purposely shifts funds either between asset classes (asset allocation) or between individual securities (security selection).


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The pursuit of investment returns in excess of a specified benchmark.


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Asset management account
Account at a brokerage house, bank, or savings institution that integrates banking services and brokerage features.


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Closed end management company
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