Social Sciences, asked by pikachoo1054, 1 year ago

A close ended mutual fund has a fixed what?

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Answered by manaskakkar
0
Like a mutual fund, a closed-end fund is a pooled investment fund with a manager overseeing the portfolio; it raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange.

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