Open-end investment companies continue to sell and repurchase shares after their initial public offering.

Name: Open-end investment companies continue to sell and repurchase shares after their initial public offering.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Open-end investment companies, also known as mutual funds, continue to sell and redeem shares to and from investors after their initial public offering. This is what makes them "open-end" - there is no limit to the number of shares that can be issued or redeemed.

Open-End Investment Companies Continue to Sell and Repurchase Shares After