A closed end mutual fund is a mutual fund where the sponsor does not buy or sell additional shares after the original underwriting. The fund shares trade on exchanges like stocks and the price of the closed end fund moves based on demand and supply. Thus, one needs to find a stock broker to which the closed end fund shares can be transferred and then sold.
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An exchange traded fund (ETF) is a type of fund that is traded intra-day on an exchange. Examples include index ETFs and closed-end ETFs. Usually people use the term closed-end funds, but they are a type of exchange-traded fund. An exchange traded fund (ETF) is a type of fund that is traded intra-day on an exchange. Examples include index ETFs and closed-end ETFs. Usually people use the term closed-end funds, but they are a type of exchange-traded fund.
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A closed end fund means that an investment company that raises a fixed amount of capital goods, gets is listed and traded on the stock exchange. This word means closed end mutual funds, but closed end fund is short.
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A Closed ended fund is one that does not accept further investments from investors once the initial offer period is complete.
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The major drawback of a closed-ended fund is that if the market tanks, demand for the shares can evaporate overnight, leaving you holding a worthless investment.
While a closed end fund has many benefits, there are also some drawbacks. The main drawback is that you can not use the initial capital to continue dividend payments.
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The vast majority of mutual funds do not short stocks. Whether it is an open end or closed end fund is irrelevant. If a fund can short stocks, this strategy will be described as a "long-short" fund or something similar.
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A Closed ended fund is one that does not accept further investments from investors once the initial offer period is complete.
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To set up a closed-end-fund, it is best to contact an investment broker and they can explain to you the types of accounts available and determines what’s best for you. There are 2 main types of accounts: cash accounts and margin accounts. Look in the phone book for a broker or such service is usually offers at your local bank.
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MUTUAL FUND IN NEPAL
Nepal is a land lock country and it is between the two big growing economy country China in north and India in South,East&West.
In Nepal there is not proper growing of Financial Markets so the Mutual Fund concept so in Nepal there is only two mutual fund the are:-
1. NCM Mutual Fund
This fund is generated by Nepal Industrial Development Co-operation in 2059. This fund is an Open end fund.
2. CBU Mutual Fund
This fund is generated by Citizen Investment Trust and this is a closed end mutual fund.
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Debit fund balance and credit encumrances because the reserve for encumbrances need not be closed because it is a balance sheet account.
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An open end mutual fund generally continues to accept investment after the fund is started. As this happens, the fund can grow larger as more investors buy shares in the fund. The open end fund then takes those new dollars and buys additional securities. Shares are priced at the end of day by taking the value of the fund's net asset value divided by the number of shares outstanding. Each share is thus priced at par value to the underlying investments in the fund. To "cash-out" of one's investment, the shares are redeemed by the fund itself, usually after trading is over for the day at the net asset value price for that day. Occasionally, if management of an open end fund feel cash is flowing into the fund to quickly, they may close the fund to new investment, but is still classified as an open end fund.
A closed end mutual fund generally accepts investment only during initial setup. After that, shares in the fund are bought and sold similar to a stock on one of the exchanges. The shares may sell at a discount or a premium to the underlying securities owned by the fund, depending on the market. To "cash-out", an investor sells the shares on the exchange at the market price during the trading day. The fund itself is not involved in the day-to-day sale and purchase of fund shares.
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A close ended mutual fund is more or less like a bank CD. The investor invests his money and the fund manager holds the money for as long as the minimum investment period stipulated in the fund. The investor cannot redeem his investments until this time is over.
for Ex: ELSS funds in India have a 3 year lock in period and an investor cannot encash his investment until the end of 3 years from the date of his investment.
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Close ended funds are mutual funds that have a lock-in period, i.e., you cannot redeem or sell your units before the date of maturity.
Let us say you invest in a 5 year close ended fund today, you can sell it only in 2014.
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Often referred to as the mutual fund industry, the open-end fund industry comprises about 95 percent of the mutual fund market
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-1, 1 is a set of numbers that is closed under division. The rule is if you divide among you end up with a quotient that is in the set.
1/-1 or -1/1 = -1 (-1 is in the set)
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The head end of a tube can be the closed end. This depends on what the tube's purpose in the car is.
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Then there are no further assets to be distributed. The trust fund is a finite size and once it is gone the trust is closed.
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Philadelphia Savings Fund Society ended in 1992.
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The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924
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No. It remains closed on saturday and sunday.
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The Massachusetts Investors Trust was the first American open-end mutual fund
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The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924
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Direct investment refers to buying shares directly without the use of Mutual funds
Actually an investor may prefer an open ended fund because he has the right to take out his money any time he wants. In case of a close ended fund he would have to wait until fund maturity to encash his investment. But close ended funds usually perform better than open ended funds because of the lock in period.
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The first American open-end mutual fund, Massachusetts Investors Trust, was started in 1924
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I have an open-end fund which means that, at the end of every day, the fund issues new shares to investors and buys back shares from investors wishing to leave the fund.
Equity funds, which consist mainly of stock investments, are the most common type of mutual fund. Equity funds hold 50 percent of all amounts invested in mutual funds in the United States. A relatively recent innovation, the exchange-traded fund or ETF, is often structured as an open-end investment company. ETFs combine characteristics of both mutual funds and closed-end funds. ETFs are traded throughout the day on a stock exchange, just like closed-end funds, but at prices generally approximating the ETF's net asset value.
Bond Funds - which can include term funds, municipal bonds and high-yield bond. Money Market Funds - least risk, as well as lower rates of return. Funds of Funds - mutual funds which invest in other underlying mutual funds. Hedge Funds - in the United States are pooled investment funds with loose SEC regulatio
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Norwegian Savings Banks' Guarantee Fund ended in 2004.
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As of this writing, Frontier Microcap Fund is a closed fund that was liquidated. It was a growth oriented equity mutual fund developed by Freedom Investors Corporation, The fund had a diverse portfolio of stocks across all sectors and used the S&P 500 Index as its primary benchmark. It traded under the symbol FEFPX.
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A fund end load mutual fund Is a fund that charges a sales charge that must be paid when a person buys a investment. This reduces the shares that can be purchased, but its better for long term investment. There are also low front end load fees which are best for short term investors. There are many websites which provide information such as Reliance mutual fund, ICICI, HDFC.
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There is usually a lock-in period with respect to each close-ended fund. Usually 3 years or more. It depends from fund to fund and will be mentioned in the fund documents. You need to refer to it. You can sell it anytime after the lock-in period
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The population of Rainforest Foundation Fund is 1.
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yes, all accounts must be closed at the end of the period on the income statement
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It depends on what type of funds you hold. If it is an open ended fund you can sell it anytime you want. If it is a close ended fund (with a lock-in period) you need to wait until the scheduled end date and then only sell the fund.
Even in case of open ended funds, redeeming/selling the funds during the 1st year usually carries a penalty of around 1%. The actual penalty varies from fund to fund and from country to country.
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Around 1% of the money you invest in the fund goes to the salesman who sells the fund to you.
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In a tube closed at one end, only odd harmonics are produced. This is because the closed end acts as a node for the pressure wave, leading to a fundamental frequency and odd harmonics of that frequency.
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A closed pathway where teh start and end points are the same is called an electric circuit.
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In India, there are 18 Mutual Fund (AMC) companies. They have been variety of products in open / closed end schemes. it all based on AMC's. On a whole, those funds can be broadly categorized into the following categories
The Different Mutual Fund Categories in India are:
1. Equity Diversified Funds
2. Equity Midcap Funds
3. Equity Infrastructure Funds
4. Equity Banking Funds
5. Equity Pharma Funds
6. Equity FMCG Funds
7. Equity Technology Funds (IT)
8. Arbitrage Funds
9. Equity Index Funds
10. Balanced Funds
11. Monthly Income Plans
12. Debt Funds
13. Liquid Funds
14. Income Funds
15. GILT Funds
16. Gold ETFs
17. Fund of Funds - Equity Oriented
18. Fund of Funds - Debt Oriented
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Your house or car are purchased using closed-end credit, which is credit that must be paid in full by a date certain.
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All income and expenditure accounts are closed at Year End. and the balance is is shown on the Balance Sheet at Year end.
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'cul-de-sac' is a common French expression to indicate a road closed at the other end.
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