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Explain how open-end and closed-end mutual funds work. How are they different?
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2 votes
Explain how open-end and closed-end mutual funds work. How are
they different?

User Gian Segato
by
9.0k points

1 Answer

4 votes

Answer:

While open ended funds can be bought or sold anytime, the closed ended funds can be bought only during their launch and can be redeemed when the fund investment tenure is over.

Step-by-step explanation:

User Arantius
by
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