You can define two types of managed folders: Managed default folders Managed default folders are managed folder objects created for default folders such as Inbox, Deleted Items, Sent Items, and others.Exchange 2010 Setup creates a set of managed default folders. You can use these folders or create additional ones for different sets of users.ou can define two types of managed folders: Managed default folders Managed default folders are managed folder objects created for default folders such as Inbox, Deleted Items, Sent Items, and others.