Investors in closed-end, exchange-traded funds, 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's closed-end, exchange-traded, or open-end. Investors aim to buy low and sell high, in order to make a profit on their investment. However, it's important to note that past performance is not a guarantee of future results, and there are always risks associated with investing in any type of security.

Investors in Closed-End, Exchange-Traded Funds, and Open-End Funds Can Make