Final answer:
REITs are pooled funds that invest in real estate and are traded on stock exchanges. They are not similar to open end mutual funds. OPTION C IS ANSWER
Step-by-step explanation:
REITs, or real estate investment trusts, are pooled funds that invest in real estate. They are not similar to open end mutual funds, as they focus specifically on real estate investments rather than a diversified group of stocks or bonds. REITs are traded on stock exchanges, allowing investors to buy and sell shares like other publicly traded stocks.
Be traded on stock exchanges like shares of other public companies. REITs are similar to mutual funds in that they are pooled funds, but they specifically focus on real estate investments, rather than a diversified group of stocks or bonds.
OPTION C IS ANSWER