What Is Closed Ended Mutual Fund Definition And Meaning
Closed ended mutual funds have fixed maturity period ranging from two to 15 years. The units of closed ended mutual funds are not repurchased or redeemed by mutual funds before the maturity period. The investors cannot buy units directly from the fund after the closing period.
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Closed ended mutual funds have fixed maturity period ranging from two to 15 years. The units of closed ended mutual funds are not repurchased or redeemed by mutual funds before the maturity period. The investors cannot buy units directly from the fund after the closing period.
What Is Closed Ended Mutual Fund Definition And Meaning
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