Question

Which of the following is true about open-end mutual funds?

Answer 1

Answer: shares are issued and redeemed by the investment company at the request of investors

Step-by-step explanation:

Answer 2

The truth about open-end mutual funds is that they are bought or sold at their net asset value.

Open-end mutual fund is a type of fund which shares are bought and sold on demand at their net asset value, or NAV, which is based on the value of the fund's underlying securities and is generally calculated at the close of every trading day.