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Q. |
The difference between open-end and closed-end mutual funds is: |
A. | The total number of shares under management grows and shrinks for open-end funds, but is fixed for closed-end funds |
B. | Open-end funds can be purchase in a variety of international markets while closed- end funds can only be purchased in their home market |
C. | The total number of shares under management grows and shrinks for closed-end funds, but is fixed for open-end funds |
D. | Open-end funds contain securities from various countries while closed-end funds |
Answer» C. The total number of shares under management grows and shrinks for closed-end funds, but is fixed for open-end funds |
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