How do you compute net asset value for investment companies

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• What are the different ways that professional money management firms can be organized, and how has the structure of the industry changed over time?

• Who manages the portfolios at investment advisory firms and investment companies, and how are those managers compensated?

• How do you compute the net asset value (NAV) for investment companies?

• What is the difference between closed-end and open-end investment companies?

• What are load fees, 12b-1 fees, and management fees, and how do they influence investment company performance?

Reference no: EM13923408

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