The funds in which units can be purchased only during the initial offer period are called

Name: The funds in which units can be purchased only during the initial offer period are called
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Question

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Close-Ended Funds are the type of funds where units can only be purchased during the initial offer period. After this period, no new units can be bought or sold directly with the fund. Instead, the units are traded on a stock exchange.

The Funds in Which Units Can Be Purchased Only During