A mutual fund whose shares are issued and redeemed by the investment company at the request of investors is called a ________ fund.

Name: A mutual fund whose shares are issued and redeemed by the investment company at the request of investors is called a ________ fund.
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Question

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An open-end fund is a type of mutual fund that does not have a fixed number of shares. It issues new shares to investors when they buy and redeems them when investors sell, directly through the fund itself.

A Mutual Fund Whose Shares Are Issued and Redeemed by the Investment