Open-end mutual funds
A) require that NAV consider the amount of discount or premium in the share value.
B) calculate the NAV several time each day based on the total value of assets held divided by the number of fund shares outstanding.
C) may experience fluctuations in the number of shares outstanding on a daily basis.
D) issues shares that can be traded among investors without involving the fund itself.
Correct Answer:
Verified
Q73: Fees investors are charged to cover administration
Q74: The type of abusive activity that involves
Q75: In 2015 there were approximately _ exchange
Q76: The largest proportion of assets of money
Q77: Mutual fund shares that are offered for
Q79: Mutual funds that purchase Treasury bills,bank negotiable
Q80: As compared to purchasing an individual stock,
Q81: Duties of a mutual fund chief compliance
Q83: Which of the following laws appointed the
Q97: New SEC rules call for shareholder reports
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents