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Which is the following statement is true regarding open-end investment? A. Companies invest in securities and assets of other firms that have a fixed supply
Which is the following statement is true regarding open-end investment?
A. | Companies invest in securities and assets of other firms that have a fixed supply of shares outstanding. | |
B. | The supply of shares in the fund is not fixed but can increase and decrease daily with purchases and redemptions of shares. | |
C. | Money is not redeemable from the fund, instead, shares can be purchased or sold in the stock market. |
Please be accurate in your answer. Thank you
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