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Balanced Fund

A mutual fund that is well diversified among two asset classes or more, particularly debt and equity instruments/ investments (e.g.,...

Breakpoint Discount

A volume discount to the front-end sales load charged to investors who purchase mutual fund shares (often class A shares...

Breakpoint

The cumulative amount (pre-determined levesl of investment) that an investor has in a mutual fund, and which qualifies him for...

Beneficial Owner

An individual or company that enjoys the benefits of owning a mutual fund's share even though title is not registered...