B
Blaka
Guest
Open-end and closed-end investment companies differ in structure and operations. Open-end or mutual funds allow continuous buying or selling at the daily net asset value.
This provides liquidity, letting investors adjust holdings easily. Closed-end funds however issue a fixed number of shares initially and trade on stock exchanges like regular stocks.
Market prices may vary from net asset value, leading to shares trading at a premium or discount.
This provides liquidity, letting investors adjust holdings easily. Closed-end funds however issue a fixed number of shares initially and trade on stock exchanges like regular stocks.
Market prices may vary from net asset value, leading to shares trading at a premium or discount.