Closed-ended fund: A commingled investment vehicle which rarely issues new shares or units. An investor typically acquires a stake by buying shares on a secondary market from a broker, market maker or other investor. The price of a share in a closed-end fund is determined partly by the premium (or discount) placed on it by the market as well as by the value of the fund's investments.

Open-ended fund
Closed-ended fund in our glossary: terms and definitions

.  Be sure to use our resources to the full!  Just follow the link below:

Closed-ended fund at fundservices.net

  Executive briefing
©  fundservices.net
privacy | terms
HOME ABOUT US STAY
INFORMED
SUBSCRIPTION
CHOICES
JOIN
LISTINGS
ADVERTISING
& PROMINENCE
CONTACT AssetMan
Executive briefing