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Author Question: Closed-end mutual funds have a limited number of shares that are sold when the funds are first ... (Read 116 times)

KimWrice

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Question 1

Open-end mutual fund companies sell directly to investors and repurchase shares whenever investors wish to sell them.


◦ true
◦ false

Question 2

Closed-end mutual funds have a limited number of shares that are sold when the funds are first created; the shares are then resold over the stock exchanges.


◦ true
◦ false


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Marked as best answer by KimWrice on Apr 14, 2019

peter

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peter

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