Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which type of fund does not have a secondary market and its investors directly purchase shares of the fund from the fund management company? An
-
Which type of fund does not have a secondary market and its investors directly purchase shares of the fund from the fund management company?
-
An open-ended mutual fund
-
A pension fund
-
An ETF
-
A close-ended mutual fund
-
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started