This is a blended fund that has a finite life and targets a specific range of investor capitals. It has a professional manager supervising the portfolio and actively buying and selling holding assets. It can also be referred to as a closed-end investment or a closed-end mutual fund.
Closed-end fund
This is a blended fund that has a finite life and targets a specific range of investor capitals. It has a professional manager supervising the portfolio and actively buying and selling holding assets. It can also be referred to as a closed-end investment or a closed-end mutual fund.