Distinguish between an open-end fund and a closed-end, Financial Management

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Distinguish between an open-end fund and a closed-end

Distinguish between an open-end fund and a closed-end fund.

An open-end fund is always open during the day; a closed-end fund can sometimes close during the day.

An open-end fund issues new shares as new money is received; a closed-end fund only issues shares one tine.

An open-end fund is never liquid; a closed-end fund is sometimes liquid

All of the above

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Financial Management: Distinguish between an open-end fund and a closed-end

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Financial Management: Distinguish between an open-end fund and a closed-end

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