Investors in both closed-end and open-end funds can make money by purchasing shares at a low price and then selling them at a higher price.

Question

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This is a basic principle of investing in any type of fund, whether it is closed-end or open-end. By purchasing shares at a low price and later selling them at a higher price, investors can make a profit. However, it should be noted that there is always a level of risk involved in investing, and there is no guarantee that an investor will make a profit.

Investors in Both Closed-End and Open-End Funds Can Make Money