Which of the following may occasionally be purchased at a discount from net assets value?
A)no-load funds
B)closed-end funds
C)open-end funds
D)contractual plans

Question

Quizplus · Accepted Answer

closed-end funds. Mutual funds are purchased at NAV (when no-load) or NAV plus a sales charge. The pricing of closed-end funds is determined by market activity and has no direct link to NAV.

Which of the Following May Occasionally Be Purchased at a Discount