An open-end fund is a type of mutual fund that allows investors to buy and sell shares on demand. This makes open-end funds highly accessible and flexible for investors seeking to diversify their ...
All closed-end mutual funds must be redeemed on reaching maturity and no tenure extension will be allowed, recommended a government-formed taskforce.
Most recently, Henderson Opportunities Trust PLC (HOT:LSE) announced a scheme to allow shareholders to roll their investment into an open-ended fund or to receive their entitlement upon the ...
An open-end fund issues shares to investors and redeems them upon request. Unlike stocks, open-end fund shares are not bought and sold between investors, but directly through the fund itself. The ...