Description
Task 6
Read Chapter 17- Investment Companies
Read Risk & Rate Notes
Research the following terms-
- Closed-end investment company { Discount, Premium,}
- Open-end investment company
- Mutual funds
- No-load mutual fund
- Load fund
- Net Asset Value (NAV)
Complete the Risk & Rate of Return Exercise. Just do the task please.
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Explanation & Answer
Attached.
Closed end Investment Company (discount, premium)
Closed end Investment Company is different from open investment company, after being operated
closed to new capital. On stock exchange shares trade rather being redeem directly by the fund.
Majaski, C. (2019, April 12).
Open end Investment Company similar to mutual funds, a fund in United Kingdom that is structured to
invest in securities and stock Chen, J. (2019, April 22).
Mutual funds
Pool money different investors in professionally managed fund to purchase securities such as stock,
bond and money market investment. Segal, ...
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