2. What are open-end mutual funds, closed-end mutual funds, unit investment trusts, hedge funds, and exchange traded...

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Finance

2.What are open-end mutual funds, closed-end mutual funds, unitinvestment trusts, hedge funds, and exchange traded funds?

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Answer Openend mutual funds It is a type of mutual fund that can issue and redeem shares any time as they are priced daily Open ended fund can issue unlimited number of shares Shares are bought and sold at their current Net asset value NAV It provides investors a flexible and diversified portfolio    See Answer
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