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Glossary of Terms

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From The Glossary »

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Buy Price:

The price at which the investor can buy units inclusive of the initial charge and compulsory charges (marketable securities tax and brokerage) from the management company. Also referred to as the selling or purchase price. The different terminology used in the market is very confusing and should ideally be used in its "broader context" (i. , buyers' versus sellers' price) selling versus repurchase price or purchase versus repurchase price to facilitate ...
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