Highlights from the Discussion

1. The target return on investment.
2. Investor expenses.
3. The investor’s risk tolerance.
4. Investor-specific terms.

Key features of the fund manager:

1. A professional individual.
2. A specialist.
3. Has the capability and knowledge to manage asset classes.
4. Making the best investment decision in the owners’ interest.

Key features of open-ended investment funds:

1. Available to everyone.
2. The number of units increases or decreases depending on the fund size.
3. They are in money markets or equities.
4. Available for trading daily or periodically.
5. Multi-strategy.

Key features of closed-ended investment funds:

1. One of the most important types of closed-ended funds is private equity funds (investments in existing companies that are not listed on the financial market).
2. Long-term.
3. Their objectives are diverse.
4. Their sectors are diverse.