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Author Question: Which of the following characteristics is nottrue of closed-end funds? (Read 47 times)

rosent76

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Question 1

Existing shares of closed-end mutual fund companies are purchased


◦ from the investment company directly.
◦ from the investment company through a broker.
◦ from other investors in the stock market.
◦ from a bank.

Question 2

Which of the following characteristics is 
not true of closed-end funds?


◦ They can be load or no-load funds.
◦ They do not repurchase shares from investors.
◦ They are bought and sold on stock exchanges.
◦ They may sell above or below NAV.


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Marked as best answer by rosent76 on Apr 14, 2019

Qarqy

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rosent76

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Reply 2 on: Apr 14, 2019
YES! Correct, THANKS for helping me on my review


tranoy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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