Question
The Excel Chindia Fund is a Canadian mutual fund investing in the Chinese and Indian stock markets, and is currently open to sell new shares
The Excel Chindia Fund is a Canadian mutual fund investing in the Chinese and Indian stock markets, and is currently open to sell new shares at $103/share. Currently, its net asset value is 100/share. Which of the following is NOT a correct description of the fund?
A. It is an open-end fund.
B. It is a front-end load fund.
C. It is an index fund.
D. It is an international fund.
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
6th Edition
003025809X, 978-3540014386
