Tell me what is closed-end fund? Open end?
Submitted by: MuhammadClosed- end means that the fund is limited in life. The investment managers must make acquisitions, manage, and enhance their assets, within a given time period.
Open-end means that the investment period is infinite and the fund will achieve success through cash flow, sales, and equity offerings.
Submitted by: Muhammad
Open-end means that the investment period is infinite and the fund will achieve success through cash flow, sales, and equity offerings.
Submitted by: Muhammad
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