Weekend Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: ac4s65

Greg, one of your clients, has been advised by a friend to invest in open-end...

IFSE Institute CIFC Full Course Access
IFSE Institute CIFC View All Questions

Greg, one of your clients, has been advised by a friend to invest in open-end mutual funds. He is not sure about the differences between open and closed-end funds.

What would you tell Greg about open-end funds?

A.

The number of units is not fixed, and varies with investor demand and redemption orders.

B.

Investors holding open-end funds can buy and sell their mutual funds anytime the stock market is open.

C.

Units are bought and sold amongst the unitholders.

D.

Initial shares in the mutual fund are allotted through an initial public offering (IPO)

CIFC PDF/Engine
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions
buy now CIFC pdf
Get 65% Discount on All Products, Use Coupon: "ac4s65"
Next
On January 2nd of this year Evan purchased 500 preferred shares of Ingram Ltd.
Rashad is a Dealing Representative with Investors Network Corp.
Previous