Mutual funds that allow additional investment by existing owners of shares in the fund or investments by new investors are called:

Question

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Open-end funds are mutual funds that allow both existing shareholders and new investors to buy additional shares in the fund, hence offering liquidity to investors. The fund does not have a specific number of shares and can issue new shares in response to demand from investors. This feature distinguishes them from closed-end funds, which do not offer the same flexibility in the number of shares outstanding.

Mutual Funds That Allow Additional Investment by Existing Owners of Shares