|
Closed-End funds |
|
Sat, Nov 01, 2008, 6:23:14 PM
(456 views) |
posted by:
joe
|
Closed-end mutual funds, like the open-ended funds that are more familiar to many investors, are a way to make a diversified investment with a single purchase, and to take advantage of professional money management. Both types of mutual funds pool money contributed by many individuals, and then invest it in securities, under the guidance of a money manager, with a certain goal, or objective, in mind. Some funds, for instance, invest in a particular sector of the stock market, others invest in a ... (more) |
|
|
|
|
|