Characteristics of a Closed-End Mutual Fund

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Tip 1 - Closed-End Fund Definition | Investopedia

Published:  | Submitted by Sorina Rusu | permalink
Closed-End Fund Definition | Investopedia

A closed-end fund is a publicly traded investment company that 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. Also known as a "closed-end investment" or "closed-end mutual fund."
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Tip 2 - What are Closed-End vs Open-End Mutual Funds? Compare 4 Key Differences in Investing

Published:  | Submitted by Adeline Han | permalink
What are Closed-End vs Open-End Mutual Funds? Compare 4 Key Differences in Investing

Mutual funds gained popularity among the investing public in the 1980s and 1990s. They began as a way for large institutional investors to pool their money for a common purpose, and spread the risk...

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