Closed ended funds were usually trading at _________ to NAV

Related MCQs

• You invested 1,000 in a mutual fund with a 4% load when NAV was 20 per share. If you sell your shares at a NAV of 20 per share, what is the return of your investment?
• The amount by which a close-ended fund's share price in the secondary market is above the fund's NAV is called the
• Existing shares of closed-ended mutual fund companies are purchased
• Open ended funds can be purchased and sold ………………….
• Which of the following characteristics is not true of close-ended funds?
• Initial issue expenses of open-ended funds is amortised over a period not exceeding years_______%
• Open-ended funds have to update offer document at least once in………… years
• What is the full form of NAV?
• The NAV of each scheme should be updated on AMFI's website
• A mutual fund has a beginning balance of 100 million earns interest of 10 million, receives dividends of 15 million, and has expenses of 5 million. If 10 million shares are outstanding, what is the NAV?